I REALLY hope this does not happen, but after Euro bounced on the 23% retrace of last high it made me recheck some numbers. Bringing these possible levels.... now to be clear I'm not sold on this move because as of yet my 30min chart has not given the last high of 1.34xxx a 100% reading, but this possibility is now in rotation...stay tuned..
looking for a reversal that tops the 1.345 last high....
Looking for a long after the drop..
Going to need some good news to break through and continue...
Although many think the euro should go down now, I'm buckling up for the ride up :)
Odd looking move up but, should work. Will keep a close eye and update as we go on...
Looking for the upmove to continue on the 13th after hitting the 23% retrace from 1.275 low... up to 1.349 follow by a nice sharp drop
Updating last chart for this Euro Possibility
Looking at how slow this up move is, we might encounter this.... I'm not sure of the down move length yet.
Still got a ways up to go before a real pull back. NOTE: the 1.349 high I have here is questionable for now, there is potential for price to continue up to 1.366 by Aug21st, I'll know more as we get closer to the dates..
Upon reversing at 1.275 at the last low something did not sit right with me. I believe i've found the reason why. Based on my weekly outlook euro wants to hit around the 1.349-1.35 area, this was made possible by going to 1.275 earlier in the month.... Lets see how this plays out verses.. my 1.366 prediction.
Although this is NOT for sure because I can't tell the moves that far in ahead, this looks very possible for the Euro over the next few months. 1.366 should definitely hit around Aug 20th to 21st with a big reversal.. Good luck, make lots of pips!
Short term, I've tried to match the price and time as I have it.