meszaros

EURUSD continues to fall.

Short
OANDA:EURUSD   Euro / U.S. Dollar
EURUSD continues to fall. My assumption is that the EURUSD will make a further downward move. The next target price : 1.14457 The orange dashed line in the analysis shows two auxiliary axes. The light yellow line is the closing price of EURUSD at the end of last year. The height of the green square is the distance between last year's high and the closing price. It can be seen that the EURUSD corrections hold exactly at these points. Therefore, I assume that further corrections will also take place in these phases in the future. In case the analysis is correct, we will see further euro weakening next week. The weakening waveform as described will be similar to the waveform seen in the previous wave sequence (white line)


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