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
Comments
Pashabxl
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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
AristotelCostel
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Thanks for your insightful updates.
Could you detail in your future analysis how you have found the 1.1 target of the recent correction?
Pashabxl
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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
Shredware2
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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?