aibek

EURUSD MONTHLY. GLOBAL REVERSAL?

Long
FX:EURUSD   Euro / U.S. Dollar
Hi there!
It's 2am my time but I am sleepless as I had a brain-wave that we reversed long ago!
Some guys here (can't remember in person) said it last year.
EUR didn't break below 2015 March low last December and it was the sign that we are starting new ABC (WXY) up!
Large B almost reached 78.6% retracement (usual for B) and it's another evidence.
If you look crosses EURAUD, EURNZD - same structure is there - EUR is going much higher.
EUR is the main antipode of US Dollar - so looks like current reversal in DXY wasn't corrective.
I will post the DXY chart a bit later to support this chart.
Then we gonna have much lower USDYEN and higher Gold and Silver.

The thing came to me when I watched AAPL (large component of Nasdaq and SPX)
I thought Apple is in large correction but it's not - it reversed, totally as less phones are sold.
Then I thought - Hey it looks like DXY is not in correction - ITS JUST FALLING!
So then EURUSD and same pairs will rise!
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