EUR/USD going to 1.072 - Week, 0.965 - Year, 1.33 - Later

EUR/USD going to 1.072 - Week, 0.965 - Year, 1.33 - Later

23 September 2015, 16:08
forexintel
0
100

Expect the eurusd price to go up to 1.124 as a retracement in a downtrend rather than as an uptrend. As mentioned in my previous posts, https://www.mql5.com/en/blogs/post/649802 the downward price movement would be highly volatile and see this upward price movement as a retracement. Would enter a SELL order by day end or tomorrow if it ranges around 1.124 price levels. If it continues to go down today, then will wait for a high in next week.

 

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