I see the Price Action as a double bottom on the 1.100 target.
Loads of institutions called for 1.100 as a end of year price for the EURUSD but after reaching that target and considering the massive drop over the last months trading I can imagine traders will be taking profits from their shorts and this could retrace back up. I am targeting 1.1500
Loads of institutions called for 1.100 as a end of year price for the EURUSD but after reaching that target and considering the massive drop over the last months trading I can imagine traders will be taking profits from their shorts and this could retrace back up. I am targeting 1.1500
SignalTradersUK
I think I nailed this :)
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SignalTradersUK
well we're getting pretty close , 100 pips in a couple of sessions, this could easily test 1.15 by the end of NYC , should traders who did not take profit at 1.1000 start to panic on their shorts
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