There is a correlation.
quite a while I've been watching the price, especially challenging has been eurgbp.
I think it will test 0,903 (October last year) and reverse to the downside.
As a confirmation I take two pairs that move reversed in line (+/-) and there are two leading diagonals (expanding vs regular) with a clear abc corrections.
Will see
Have a nice weekend, guys
quite a while I've been watching the price, especially challenging has been eurgbp.
I think it will test 0,903 (October last year) and reverse to the downside.
As a confirmation I take two pairs that move reversed in line (+/-) and there are two leading diagonals (expanding vs regular) with a clear abc corrections.
Will see
Have a nice weekend, guys
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.