This is a Eurodollar daily chart that has been bearish since May 2018 trending at an angle of 309 degrees which then consolidated before breaking again towards 1.30000 At this price we have two identifiable features being a HEAD AND SHOULDERS and A THIRD SUPPORT BOUNCE My question that I raise with this analyses is, could the Euro gain strength towards 1.5562...
AN UPDATE TO MY PREVIOUS POST COULD WE FORSEE THIS PATTERN TO 135.00?
THIS IS MY OUTLOOK FOR THE EUROYEN CHART WITH MY STOP LOSS PLACED AT 126.200
THIS IS MY EUROYEN OUTLOOK FOR THE UPCOMING WEEK WITH A STOP LOSS PLACED AT 126.200.
what we have here is a euro dollar chart that has been on a uptrend since the 12th of November 2017. we have witnessed four retests on the trendline one at 1.15522, two retests at the 1.17000 region before continuing with the pretermined uptrend. the fourth bounce has been witnessed at 1.22412. throughout this period we have witnessed some consolidation between...