Euro this week, down before final leg up to 1.349

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Long

Euro Fx/U.S. Dollar (FX:EURUSD)

FX:EURUSD Euro Fx/U.S. Dollar

Looking for the upmove to continue on the 13th after hitting the 23% retrace from 1.275 low... up to 1.349 follow by a nice sharp drop

Dude, you have excelled yourself on this one, GOOD JAARB! ;0)

aceofswords

ty ty ty :D

Looking for this short to continue down... see latest predication

To be clear... my new top target is 1.4039 by Sept 22nd.... but i see a nice retracement at 1.356

revising this high... no longer targeting 1.349, instead I'm targeting 1.356

great template, congratulation.... do you think the upmove has enough power to reach your long target of about 1.348-1.349? if yes what would you think about the timing? next 2 weeks?

butterliesel

we should be at least to 1.349 by next week "Augs 21st"... I suspect we might have a big down followed by a sharp up (whipsaw) action on that date... new target is 1.356

99nines

just to verify... ;-) now we will be long till the 21 of aug, in this time we should reach a target about 1.35. After this it will rise sharply down to about 1.31 region?
Is anything special on the 21 of aug?

butterliesel

Aug 21st is a tricky date... check a forex calendar to see the big event.... I expect price to pause around 1.349 bears may make a stand there.. but should resume it's way up to 1.356

99nines

Probably at 1.356 by Sept 2nd..3rd...

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