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EURUSD POSSIBLE CORRECTION

FX:EURUSD   Euro Fx/U.S. Dollar
321 1 12
2 months ago
EURUSD             POSSIBLE CORRECTION
WHILE FRIDAY EURUSD             PRICE RESTED ON MONTHLY SUPPORT
WHICH ALSO IS THE 1.618 OF LAST SWING
AND YELLEN ANNOUNCING POSSIBLE RATE HIKE.
IN OVER ALL WE WILL BE LOOKING AT STRONGER DOLLAR
HOWEVER , LOOK AT THIS CHART
10 DAYS OF LONG RED BARS
10 DAYS OF EUR SELLING OUT
10 DAYS OF DOLLAR BUYING OUT ALL EUR HAS TO OFFER.
...................................................................................
THIS IS HOW I SEE IT
WE WILL HAVE A PULL BACK/CORRECTION MOST LIKELY TO 1.08 - 1.0850
IT IS POSSIBLE A PULL BACK ALL THE WAY TO 1.0950 BUT HONESTY
WITH STRENGTH OF DOLLAR RIGHT NOW i DON'T SEE IT.

SO THIS WEEK NO POSITION TRADE ON EU
I WILL BE DAY TRADING IT ONLY.

GOOD LUCK
2 months ago
Comment: My chart was suggested but was removed
LMAO this is so funny.
2 months ago
Comment:
EURUSD
ddp922
2 months ago
Move up would be to close gap at best. Wild card right now is Draghi speaking in 10hrs. Overall this is very reminiscent of last year before eu launched up a few hundred pips .

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