EURUSD bottoms up
Updated
Same drill one more time. Monthly in Red, weekly in blue and Short term in Pink
I should start that I was looking more low but it did not reach out to 23.6% Monthly, however it did cross Weekly 161.8% extension that's more likely confirming that there may be more downturn left in this BUT NOT FOR NOW.
Nothing goes only up or only down, In my opinion it should reach 23% and then best case 38% 8 hours fib level around 1.15. By the way there is 38.2% monthly fib level waiting for a big resistance. How long it will take, no idea but time is running out, sooner is better because I am also bullish in dollar next year
I should start that I was looking more low but it did not reach out to 23.6% Monthly, however it did cross Weekly 161.8% extension that's more likely confirming that there may be more downturn left in this BUT NOT FOR NOW.
Nothing goes only up or only down, In my opinion it should reach 23% and then best case 38% 8 hours fib level around 1.15. By the way there is 38.2% monthly fib level waiting for a big resistance. How long it will take, no idea but time is running out, sooner is better because I am also bullish in dollar next year
Note
same old story, sideway move continues
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Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight st
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