Euro looking grim...

FX:EURUSD   Euro / U.S. Dollar
738 11 2
Last chart had dec as the end date for the move down, This is the 2nd and to me mostly likely scenario.
should be another slap up
Deus alivsm
yep should be another leg up. No divergence in indicators so far on 1H and 4H + GBPUSD has not yet reached critical level of resistance
definitely appreciate the consideration on this chart guys... but I just can't find a reason for Euro to go up... I could be wrong but... guess time will tell
-1 Reply
alivsm 99nines
I agree with you. Just not enough of a movement upward. (google translator, sorry).
Thank you for your pictures
alivsm 99nines
may be such a scenario:
24.07.12-31.01.13=W 31.01.13-25.03.13=X 25.03.13-1,45=Y=W
sunny 99nines
end of month flows, SNB, US debacle - 3 big reasons I almost got f*ed today
99nines sunny
Some news always comes to justify the moves I see coming :) This is regardless of indicators, EW, or anything else.
-1 Reply
1.379 niny )
99nines Nickmail
We shall see :P
-1 Reply
EUR/USD on the weekly has RSI looking pretty bullish. I will be selling a test of last week's high. Is this resistance line valid at all?
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