Euro / U.S Dollar _ Under _ Trading _ Venue _ OANDA
Lets cover some facts and where Euro will be heading!
In order to avoid stage 4 of global market = Decline stage the retest must hold within the key level of 1.06352. Reason + Facts: Year 2023, Quarter 4, Oct , week 2 support was confirmed over week 1, however, the retest was not done correctly. There are 2 level of retest was require in that period and they are missing, (1) Support over 2023, Quarter 3 which was done correctly and the second retest was left without completing.
Second area that market may go as low, 1.03686. During year 2022, Quarter 3 Retest is missing over July period!
Third area that market could face as low is the level of 1.01970 ,Retest over Sep Over week 4 , July is missing.
Forth area = Decline Stage, week 4, Oct 2022 + week 2, Nov, 2022 support was confirmed but there was no correct retest over these level ! Meaning ,Market could face as low as 1.00960 , 1.00960, 1.00849, 0.99760.
Lets cover some facts and where Euro will be heading!
In order to avoid stage 4 of global market = Decline stage the retest must hold within the key level of 1.06352. Reason + Facts: Year 2023, Quarter 4, Oct , week 2 support was confirmed over week 1, however, the retest was not done correctly. There are 2 level of retest was require in that period and they are missing, (1) Support over 2023, Quarter 3 which was done correctly and the second retest was left without completing.
Second area that market may go as low, 1.03686. During year 2022, Quarter 3 Retest is missing over July period!
Third area that market could face as low is the level of 1.01970 ,Retest over Sep Over week 4 , July is missing.
Forth area = Decline Stage, week 4, Oct 2022 + week 2, Nov, 2022 support was confirmed but there was no correct retest over these level ! Meaning ,Market could face as low as 1.00960 , 1.00960, 1.00849, 0.99760.
Institutional Note:
For institutional review, independent verification, or strategic collaboration:
institutions@bmoses.com.au
For institutional review, independent verification, or strategic collaboration:
institutions@bmoses.com.au
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.
Institutional Note:
For institutional review, independent verification, or strategic collaboration:
institutions@bmoses.com.au
For institutional review, independent verification, or strategic collaboration:
institutions@bmoses.com.au
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.