The long term view is neutral but expecting some big ranges
EURUSD and DXY have an all time negative correlation. Now, it's a clearly short opportunity.
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It's surprising me that so many people are looking for EUR longs. Just a guess.
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A batman harmonic pattern and a monthly 5th. wave could be happening in 2 months.
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I'm using this technic "pitchfork reflection" by Victor.Y.F. It's inspired by "when the price is crossed the trend line it tends to copy the moving before". Last analysis was very popular Lol. So I use the same way to do it again.
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OBV is showing good sign of volume increasing.
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Case closure.
Target has been limited by EURUSD implied volatility. We should've reached 1.24757 where 2014 key close price. EU zone investment condition will be worse.
Merry Christmas and happy new year!
Target has been limited by EURUSD implied volatility. We should've reached 1.24757 where 2014 key close price. EU zone investment condition will be worse.
Merry Christmas and happy new year!