The likely direction of the euro

Euro Fx/U.S. DollarFXCM

Description

⋅ Sep 2, 2015 9:01 PM

The euro is moving in the blue channel.Most likely is that the euro is falling to 1.1154 and Then move to 1.1344
In case of failure it will continue to channel ceiling,If it happen to break 1.1154 may move to the bottom of the main channel.

Comments

PooyaSalehipour

⋅ Sep 2, 2015 9:21 PM

Dude, i love your analysis.

RobertPapon

⋅ Sep 2, 2015 9:27 PM

I think eur/usd break 2moro 1,1154. Next target 1,1113-28 and 1,1016.

Mojtaba

⋅ Sep 3, 2015 1:12 PM

Hi, you are right, this suport 1.1154 broke.

RobertPapon

⋅ Sep 3, 2015 4:50 PM

Thanks but Mario Draghi helped me:)