99nines
Long

Euro 2nd Scenario

FX:EURUSD   Euro / U.S. Dollar
370 4 0
Upon reversing at 1.275 at the last low something did not sit right with me. I believe i've found the reason why. Based on my weekly outlook euro             wants to hit around the 1.349-1.35 area, this was made possible by going to 1.275 earlier in the month.... Lets see how this plays out verses.. my 1.366 prediction.
Now I can see certain trend, on this timeframe. For trade, I can wait end of this correction to buy.
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Edit on the time to reach to 1.349, very possible this will hit on the 21st of Augs...
-1 Reply
This trend is very uncertainly.
Reply
99nines georgechiriac
not uncertain for me at all :)
-1 Reply
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