FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             is trading sideways. 1.1180 proved to be stronger than I was expecting. A break below the local             support would signal a drop towards 1.1070, while a break above 1.1140 i believe would signal a rally to 1.1180.
Target hit!
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yes.....compliments for your analysis
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Razvan omar_bortolussi
Thank you very much!
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omar_bortolussi omar_bortolussi
u believe down trend is continuous?
whats is your next target?
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Razvan omar_bortolussi
i posted a new analysis -
EURUSD - Targeting 1.1000
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ok...i see
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yes...i think the same if price not broken 1.11200 will be signal of trend terminated and start reversal is what look now happen is graphic 1 hours 2 bars green is reversal
+1 Reply
omar_bortolussi omar_bortolussi
i extend Fibonacci target probably 1.1180 1.2060
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Razvan omar_bortolussi
to 1.2060 you have 900 pips, did you mean 1.12?, i mean for this time frame
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yes sorry 1.1180 1.1200 but now my idea is confused why is going down my resistance still 1.108 old level resistance/support and Fibonacci 1.1050 from 1.065 to 1.2220
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