My long-term expectation of #EURUSD is 0.90, the starting point of the story.. As I mentioned in the weekly chart, EUR has been constantly losing value since it peaked against USD in 2008 and I think it will continue..
Disclaimer: Please do your own due diligence when it comes to trading.. Invest at your own risk..
I wish you all the best..
EUR/USD spot @ 1.1618, now it’s trading near to resistance @ 1.1624 an d also the fibo level 23.6, now as it’s break this resistance we expected to test this @ 1.1704 to 1.1734, between fibo 50% level to fibo 61.8 %.
Buy @ 1.1624-32
Target @ 1.1704-34,
Stop loss @ 1.1602
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This is the 3rd wave which almost ended and already made ending diagonal. this currency pair is going in correction to the prescribed level.
But in longer term it is still bearish.
Note: This is mere a idea not a trading signal to trade. Trade carefully !
Thank you for your support !
After a long period, Price range is going to break.
currently, price is in rectangle, completed a flat correction and Started a new impulse wave which will end between 1.0109 to 1.0009.
Flat correction 3-3-5 can be easly found on chart and take a entry after a retracement.
Note: Everything works with Best money management.
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