EUR/USD SWING BACK

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Long

Euro Fx/U.S. Dollar (FX:EURUSD)

FX:EURUSD Euro Fx/U.S. Dollar

EUR/USD swing-back has begun. Seek profit at $1.004, when next downswing should set in.

I'm curious about the curves on your chart. Are they hand drawn? What you have plotted out here makes sense to me.

Scottji

The curves are drawn using the "curve" and "double curve" tool in the brush menu. I attempt to line up actual and potential spikes and valleys and predict how the curve will continue from there.

Sorry, $1.04 should have read $1.104. Upswing is not as steep as I anticipated. Watch now for downswing below $1.1

The upswing has aborted for now. Downspike may be anticipated to greet Janet Yellen's interest hike announcement today.

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