Pashabxl

EURUSD: Towards an upside correction?

FX_IDC:EURUSD   EURO / US DOLLAR
115 4 2
EURUSD             Pair has the initial sign of an upside correction on a 4H Chart. Yet this doesn't appear at all on a 1D Chart, but it is interesting to watch.
Therefore there may be an initial move towards an upside correction of EURUSD             until 1.10 before EURUSD             plunge bellow 1 towards 0.92. But this has yet to be confirmed.
On the long term, EUR will go towards 1 and bellow 1 until 0.92 if not 0.86
Well thank you very much for your nice comment. actually as I have mentioned in this study the new direction will be towards 1 but of course EURUSD will move between 1.045 and 1.065 before making the break earlier next April I will publish a more detailed study next monday . best
+1 Reply
Thanks for your insightful updates.
Could you detail in your future analysis how you have found the 1.1 target of the recent correction?
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Pashabxl PRO AristotelCostel
Yes of course I will detail in my futur analysis how I foûd my previous target and range The future path of the pair short medium and long term. Best Guldener
+1 Reply
Great analysis from you...spot on, Well done. Interesting how the 1.10 level was spiked taking out many many stops! Was very mean I have to say. What are your current thoughts on the direction?
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