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meszaros
Jul 5, 2019 4:50 PM

USDOLLAR before 1.4% decline... Short

Dow Jones FXCM Dollar IndexFXCM

Description

The analysis shows that the linking axis of the ATR value taken at 3 points began to decline. It can also be linked to a three-point curve. This leads to the conclusion that the exchange rate is slowly moving to a reversal and starts south. If my idea is correct, then the target price is 12171.
Comments
Captain_Walker
Love that 'Theory of Curves'. Well spotted! 😃😄
meszaros
@Captain_Walker, In addition, it has a 3-point touch to the intersection of the external ATR axis.
Captain_Walker
@meszaros, Well spotted! 😃
meszaros
@Captain_Walker, Thanks. However, if your future EURUSD analysis proves to be correct, this curve theory should be improved as well.
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