Four-monthly / six-monthly cycle end: 120 daily bars over 168 days
At the end of the cycle it wants to do it great.
Strong short to break the low already registered, but with a touch to complete the long started that could reach, if not exceed, 1.13.
Does the bearish phase end here, or is there still room?
I think there is still short in his musical notes
Almost all the main lines converge towards a single point.
The cycle that is about to finish will also contain the near future of the EURUSD that may be, or a strong rebound with an initial target of around 1.19, and then, around 1.3, or a continuation of the descent, with a target around 1.1.
I would be addressed for the first one.