EUR/USD GOING TO 1.15 - NOW, 1.2 - YEAR, 1.33 - LATER

EUR/USD GOING TO 1.15 - NOW, 1.2 - YEAR, 1.33 - LATER

10 November 2015, 02:41
forexintel
0
87

I had mentioned in my previous post that i was expecting a substantial retracement in gold before a drastic fall and an immediate drastic fall in EUR/USD. https://www.mql5.com/en/blogs/post/653781. The level 2 set up in gold shows a possibility of a retracement in MN time frame which would be a huge price movement in lower time frames, erasing the past two and a half year's price movements. If gold does go up, then eurusd won't be going down. Hence entered BUY order in EUR/USD also. If gold price goes below last week's low then will enter a SELL in both gold and EUR/USD.

 

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