In this video, I explain why I think we could be in for a swing to the downside for this pair and see price take out the previous lows and eventually reach 1.19000.
Thanks for watching!
Leave a comment if you agree, disagree or have any questions:)
@mikoaodu, I’m waiting for a retest outside the ascending wedge before I enter. What do you think of this?
mikoaodu
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@Wicktator, Yh that looks accurate, I think if we break through and hold under 1.1900 on the daily witch matches up with your channel and the level you have draw, i expect to see price give a big move lower
WicktatorFX
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@mikoaodu, DXY is on the move up aswell so it should be a really good move.
Really looking forward to seeing how this plays out. Keep sharing Mika. Great work!
mikoaodu
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@Wicktator, Yh the odds are stacked to the downside for EU and thanks man, appreciate it!