EURUSD/Global view/ Medium-term scenarios

Updated

There are two possible ways at point # 3.
The scenario of bulls: long way
1) continuation of the trend and try make a new impulse. (Objective 1) 1,0800-1,08,200; 2) 1.08700-1.0900)
2) If the bullish mood will be a strong, than they will be made a new maximum of 1,08400
Bears scenario: short way
1) "Fake Bull Flag (No. 2)". «Inverse flag»
2) Head and shoulders.
3) re-test the channel and the breakdown. "Hunting for bullish stops"
4) move # 2 - # 3 This is still correcting.
Look for a sale or purchase I will be at point №3

Note

This is the inverse correlation between the Euro-dollar pair and the dollar index. This is the index of the attractiveness of traders to the asset American dollar in the "basket" of 6 pairs of currencies. This is important for us, it shows the strength of the dollar (Investment attractiveness) in our pair - this is feedback, and in the pair USDCHF this is a direct connection between usdchf and index USD

Note

We come to Level 1,800 is the place of possible correction

Note

1.8200 bears are still protecting this zone.

Note

1,08200

Note

We have new high in this year

Trade closed: target reached

AdrianBrechko

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