Chronos

EURUSD Long-term Outlook

FX:EURUSD   Euro Fx/U.S. Dollar
121 1 4
Hey guys,

This is my long-term outlook for the EURUSD             pair. The green bar used to be the demand zone, but we can the price has broken through this area and we see this pair moving lower. The arrows indicate what I think would happen over the next few weeks.

Current Support : 1.070s ---- I'm thinking we might see some closings of short positions around this area and bounce back to about 1.0903s; However, if the price do not hold this level we could be looking at 1.050s.



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not_in_use
a year ago
nice, have a similar idea.
+1 Reply
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