Pashabxl

EURUSD: Short term. Upside till 1.12 and down until 1.06

FX:EURUSD   Euro / U.S. Dollar
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On a short term basis, based on a 4H time frame, Ichimoku reveals that there might be a little down side correction first until 1.06 max before, EURUSd goes up until 1.12 Max but yet to reach that level, Lagging Span should be on the good direction and it is not.
although macro economic data shows that ECB has already used 3/4 of its initial money on the market, i.e 45 out of 60 Bio€, USA will release some economic datasw that will effect EURUSD pair. If the data are bad, USD could weakened against EUR and we would have a path towards 1.12 before ECB's second money spread on the market early April. therefore, the next 8 H are very important and will clear the direction of the pair. But on long term keep in mind that EURUSD will face 1, and then 0.92
If the euro starts to consolidate here, think it could bounce back up to 1.19/23 From all time lows to all time highs the hwb had a reaction on the daily chart. monthly chart
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elp elp
daily chart
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