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ICFX
Jan 25, 2021 5:46 PM

EUR longterms Long

Euro Fx/U.S. DollarFXCM

Description

If we look at monthly chart EURUSD has 3 major liquidity blocks.
The biggest is to the upside - I marked its point of release. That is where EUR is likely heading longterm on monthly.

Thin 2020 yearly central pivot range predicted volatility for 2020 and so it was a volatile year.
In 2021 we might see a missed yeary pivot. If this would be case it will mark a start of long term uptrend on monthly.

For educational purposes only. Of course those are only guesses and speculations.
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