The monthly chart gives a bit of perspective on current levels

FX:EURUSD   Euro Fx/U.S. Dollar
71 0 5
Current price level is really interesting to watch when planning trades into next year. I am still short since Supermario Draghee still have a few options to throw in - which I think he will soon but maybe not on this side of the year. This on top of a Dollar bull rally lasting for some time will please Draghee to just keep jawboning the Euro             .

However, when just looking at the price range for previous years - it migth still break to the upside soon for a brief pullback. This since we are not that far from a price level where it has bounced before. The interesting part would be if we would get a good breakout around 1.2030 and possibly shoot lower a good part into next year. But for now I stick to my short for now with a TP @ 1.2030
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out