Technician

Watch This Level: #EURUSD Monthly | #Forex

FX:EURUSD   Euro / U.S. Dollar
2428 19 51
Note that this is not intended to be a long or short , its just information that should help in trading...

I am starting a new series of posts "Watch This Level" where i will be publishing the most important short,medium and long term support and resistance levels. Its not a forecast or a trade its just an attempt to provide and show levels that might be key on different time horizons, and could provide could trade opportunities..

If you like the idea, so i continue , please let me know by liking and commenting, If i get sufficient interaction i will continue .. thank you..

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My best regards,
Technician
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thanks. good idea.
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snapshot
. The support line was tested the first time on 07.06.2005 ( after 238 weeks). Next week will be 238 w after first test. On the top of that @ 1.21++ is 0.38 Fib retracement from the bottom in early 2000`s.
Interesting, isn`t it?
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Indeed
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i like this idea, thank you!
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Good , im waiting your idea ... Thanks
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keep going Tech!
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+1 but do pick out the juicy ones :) i stopped following some people here cause they just produce tens of charts a day
+2 Reply
its good to know where euro is going :) i think you will give us the direction :) please continue
+2 Reply
jangseohee afounah
that is one of the more probable route, but it doesn't mean it will surely happen as i am not as powerful as Central bank, if Draghi doesn't introduce QE, then the mirror reflection will be more probable, but if ECB confirm the money printing, then i reckon the support will be broken and the only major support i see is the downtrend channel support at ~1.08xxx!
+1 Reply
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