Euro/Usd cross

in euro-usd •  6 years ago 

The quarter month week and day have closed lower than the previous. Its near mid year end in June, the second quarter. Last year closed 1.2001. Bears need to close 1553 on the day. Or it should rise. The year pong at 1447. Norm at 1446, I expect shit to hit the fan soon. Norm may not be reached. I don't know for sure, this area anytime now may be a wtf area on the larger scales. 1446/to current lows may be supportive . Eu did dip a toe below 1553, but so far. The day, week and month closed above. They closed above after being below. I will be buying dips above 1446 area. In the management of R/R The reward to 1.2001 is greater. Norm atm is 1.2032 (i think). The last year candle is bullish.

The quarter month week and day have a closed below previous. This post may be early or even late. The rate raise and the ecb latest news are not in agreement with this. So take it with a grain of salt. Watch what it does, not what people say it will do. It still has lots of room to close below 1553 and above 1447.. But it has not done it yet below 1553. It may not either.

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The current 1509 may even be the low. Last weeks pa made a valid target for 21xx.