Johanes
Short

JLS EURUSD Med Term Target Zone 1.1800-1.1225-1.0725

FX:EURUSD   Euro / U.S. Dollar
The current EURUSD target zone revised to 1.1800-1.1225-1.0725 from the previous 1.1800-1.1300-1.0800/1.0500. EURUSD relative price to EURJPY may lifting the EURUSD near to 1.1800 rebound before the pair resumed to downward for visiting the 1.0725.

However, the ending the asset purchase program by the ECB is confirming the financial liquidity stability already restored in Eurozone, at such the future performance of the 1.1225 become important level to be evaluated to whether the EURUSD will be completely turning to upward in long term supported by ECB policy change.

The current 1.1800-1.1225-1.0725 however is basis for relative price measurement on EUR-pegged pairs.
well if eurusd has to go back to 1.18 first we won't see the 1.07 area before october/november 2019
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Johanes lapin_eliott
@lapin_eliott, depending on relative price. but you know that eurusd fluctuated slower than other and near similar to usdjpy, the two prime majors
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Johanes Johanes
@Johanes, my prime trade on jpy and nzd, aud, cad, gbp for more frequent movements
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