EURUSD - Trends, Forecasts and Implications (Part 1) - page 68

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If we assume that the pullback during this day will be about 20-30 pips, then in the future we will see a price level of 1.4900 around 25.09.2009...But it is still necessary to check on the history, to check the construction.
Assuming that the pullback during this day will be around 20-30 pips, we are looking at 1.4900 on or around 25.09.2009
And I would suggest a more fundamental look at the Euro in terms of the Brent price. Oil stood above 70 for a few days and could not break it from the top down, now the price is approaching the 70 mark from the bottom up. If oil can't break through the $70 mark, there will be a correction of at least $261.8 to the $65 mark, and on the Eura it will be a correction of at least $1.4480 or even $1.43. And if oil goes below 65, we will fall to 1.42-1.4190When the up-correction starts, a wave of 61.8-85.6 is bound to appear - this is a sign of the start of a big move down, so far no such moves are observed..then it is safe to say that the price will make a big reversal.
Wave on which TF between which levels?