EURUSD - Trends, Forecasts and Implications (Part 3) - page 976

 
Sold ))))
 

Good going...



 

Margo, take my words of support, lack of information is also hunger, but some people need to spell it out, while others will see what's going on ;)))

 

And these are in a hurry...



 

Walking in a canal?


 
seolink74:

Walking in a canal?

Walk everywhere )))

 
Can we really bounce off the top of the channel or not? If so, when should we enter? Or is it better not to do anything yet?
 
Dimka-novitsek:
Can we really bounce off the top of the channel or not? If so, when should we enter? Or is it better not to do anything yet?

Go for it man)))
 

Beautiful picture ...



 
With regard to the EU ministers' meeting today and tomorrow, the market expectation is that no decision on Greece will be taken and the closest date for any resolutions is the end of May. In this regard, a sideways trend is likely to prevail in the EUR/USD pair over the next week or two, with a possible decline towards resistance levels of 1.39-1.40. At the same time, taking into account the sharp decline of EUR/USD in the last two weeks, some correction is possible in the moment. From the point of view of technical analysis we would like to single out the levels 1.4250 (Fibonacci correction level 23.6 from the decline from 1.4940 to 1.4050) and 1.4370 (Fibonacci correction level 38.2).
Reason: