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NeverNO

EURUSD

Long
Euro / U.S. Dollar (FX:EURUSD)  
NeverNO Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis
15
12
trendanalysis
November should end on a positive note, but after a correction (wave 4), December should surpass the November high.
Goals are:
1.04266
1.05570
1.07315 - 1.07451.
Comment:
If EURUSD falls below 1.0320 and closes below it on a daily basis, wave 4 is in progress which can correct 0.38% or 0.5% from wave 3.
December gets higher than November and January gets higher than December, followed by a stronger correction.
Here FOREX Indication
snapshot
Comment:
So far so good.
snapshot
Comment:
As can be seen from the chart, I have plotted all weekly closes since September 23rd with a red dashed line and have concluded that next week's close should be above this week's close (approx. @1.06020) .
But if 1.0796 is not broken to the upside at the weekly close, there is a strong possibility of a turn lower.
snapshot
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