The debacle of EURO-DOLLAR

FX:EURUSD   Euro / U.S. Dollar
Here you can see a weekly chart of Eur & Usd showing a Gann Fan tool in this date at the level of 1 usd.

The close price is expressed by a Weighted Moving average (48 bars/weeks and a offset of 12 bars/weeks)

As you can see, the division lines 1/8 and 1/2 of Gann Fan Tool perfectly match that the trends marked as that average.

surprising coincidence or something else?

Will the euro fall this year against the dollar?

All is possible...



I don;t believe in coincidence and yet I am buying. The H&S set up is not holding well ...
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