99nines

EU The account killer

FX:EURUSD   Euro Fx/U.S. Dollar
1261 0 25
based on some deep looks into my daily charts this scenario has been uncovered. I think we'll see 1.157 (revised from 1.146) before a sharp drop to a ARC below waiting to give eu support. This is the KEY moment for this pair as it will have to decide on parity (going down to 1.0000) -OR- going up to 1.2147-8 by May 1st.

Lots of news coming this week can fuel the justification for these wide swings,

GL!
Comment: UPDATE to TP2 it should be 1.10689 NOT 1.11796 draw the arc a little to high..
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