The EUR/USD has now topped with two head and shoulder formations and are on its way down.
In a short timeframe, we are seeing it in a strong downward trend. It has already tested the trendlines several times and will in the next 3 days test the upper line again and then continue down.
In the big perspective we will see it going down with 2-4 consolidation areas, until mid-February to the end May. By that time it will have reached around 1.06.
In a short timeframe, we are seeing it in a strong downward trend. It has already tested the trendlines several times and will in the next 3 days test the upper line again and then continue down.
In the big perspective we will see it going down with 2-4 consolidation areas, until mid-February to the end May. By that time it will have reached around 1.06.
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Okay... only one day after it's all broken :(