EURUSD-everything is pointing to parity

FX_IDC:EURUSD   Euro / U.S. Dollar
2636 14 41
This is my long term analysis using some of my favorite tools.
According to this EW count intermediate wave 4 (blue) is still unfolding.
After some choppy price action price will reach the 1.16 area and then will make a strong decline near parity for final wave 5(blue).
The ema55 will act as resistance as well as previoues wave 4 (red)
The green arrow shows the possible price path.
Other details on chart.
Below im showing analysis using other tools.
Best regards.
Published this 4 months ago ...

+1 Reply
Excelent! same projections
Very detailed insight mate, great work, as always :)
thanks for your insight. this is very helpful

ABC Correction is on !!
I am Looking for more downside !! But one thing is sure EURUSD is going towards parity !!
AnbHfund AnbHfund
+1 Reply
nice possible if we get rate hike from Fed :)
Wave 4 dividing the entire impulse wave into the golden section(nice)!!
Marvin FullTimeTrader
Thanks for all your effort FTT. I'm not sure I fully understand it all but that's irrelevant. I'm short since 23/4 so I hope you're right. Cheers and keep up the good work.
thank so much
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