As I said last weeks....EU reached zone 1.15 ... my final target in the last few weeks and rejected exactly as I predicted in zone 1.17
as I promised .. in this area I will make a new analysis to try to predict the next period and enter the trade as correctly as possible ... :
- making a much more detailed analysis, I noticed that the EU has an upward pattern of about 3 years, which it has been following since 2011.
as you can see, every 3 years ... I had a sudden rise but smaller than in previous years which clearly indicates a downward trend ...
in the next period, I will wait to see how it closes this month and in case of a closure below area 1.17 which is a particularly strong area, you will enter SELL until area 1.12 and then even 1.07

THIS WEEK... EU rejected from the 1.17 zone as expected and closed October below the strong zone, but still on the weekly chart it remained in the range zone!
In the next period I will bet a range between 1.14860 and 1.16.900 but any closing ... even for 1 day outside these values means a new trend for EU

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