EURUSD - Trends, Forecasts and Implications (Part 1) - page 535

 

There is another Variation where a possible hike south on the white line is possible, but I am keeping it in the back for now...H4



 
The absorption zone for GBR is up to 260p. My previous post was written on Sunday, in next week's analysis
 
Sta2066 >> :
The absorption zone for GBR is up to 260p...My previous post was written on Sunday, in next week's analysis

I meant GBPUSD. Or maybe you're not me? :)

 
NoterdayLook what happens from 1.6860
 
There could be both sharp rises and sharp falls....50\50 I think so far...
 

Interestingly, the EBR/Jena has not broken through 135.33 and is still leaning south more than

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Where's the euro headed?
 
There is a reversal in favour of USD in all major pairs today. There will be a correction. It is necessary to look for entry points on strengthening of the US dollar. On the pound-dollar pair, I have marked a pivot point at 1.6770, from which I will dance. On the EUR-dollar pair, there are 2 points at 1.5 and 1.4950.
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It's not the euro, it's the quid that continues its free fall. Only where will it end?
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It seems to me that the pairs have simply synchronised. So, if there is a reversal, it will be synchronous. But with the momentum we've seen, I don't believe it.