RobertPapon

Analysis and Forecast EUR / USD - Weekly review (08.02-12.02)

FX:EURUSD   Euro / U.S. Dollar
The outlook for EUR / USD:

On Friday, after a strong rally that took place throughout the week, there was profit-taking. Currently, Eurodollar located around 23.6% of the abolition of the past, and increases in my opinion, the adjustment should be deepened. In the coming hours, the supply should take the initiative and lead to declines in the level around 1.1081. In the case of his defeat, the next objective will be 1,10-1,1030 zone aids (50% removal and peaks of 9-15 December). In the longer term I expect further gains towards 1.1246 and 1,1280-1,1310. Ultimately, demand should aim to test the level of 1.1495. It is worth mentioning that the last of the levels is crucial for further direction in the medium term.
eu cant go any up .. even not tuch 1.125 . This is a rejection .. Also it has been rejected from the other 2 main areas , so how will go up

through where ..sorry ,I just say what I think
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I expect a correction in the next few weeks higher price levels
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stream RobertPapon
ok next few weeks maybe but I dout on that , to start from here . I think eu is going down to 1.025
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My analysis shows the correction target 1,10-1,1030 then the euro will strengthen against the dollar in a few weeks target 1.1495. The ECB and the Fed will not change anything in March. If you are interested in my whole analysis please see my website http://www.fx-zone.pl
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