EUR/USD – what an act!
Hello everyone,
Sorry, EUR/USD has made a stronger movement down as expected (510 pips more). But this isn’t changing everything. I am expecting a movement up to the region above 1.20.
There are 3 scenarios, to keep in mind of…
Scenario 1 (green line // 60% chance)
EUR/USD is changing direction in an uptrend to 1.20+.
Scenario 2 (blue line // 25% chance)
EUR/USD is preparing the uptrend through a small detour down to 1.1250/1.1200, then up to 1.20+.
Scenario 3 (red line // 15% chance)
EUR/USD is falling down to parity. This I do not expect, because I do not believe, that the dollar is rising up to the moon.
Please leave a comment or a message if you like!
Take care,
tgo
Sorry, EUR/USD has made a stronger movement down as expected (510 pips more). But this isn’t changing everything. I am expecting a movement up to the region above 1.20.
There are 3 scenarios, to keep in mind of…
Scenario 1 (green line // 60% chance)
EUR/USD is changing direction in an uptrend to 1.20+.
Scenario 2 (blue line // 25% chance)
EUR/USD is preparing the uptrend through a small detour down to 1.1250/1.1200, then up to 1.20+.
Scenario 3 (red line // 15% chance)
EUR/USD is falling down to parity. This I do not expect, because I do not believe, that the dollar is rising up to the moon.
Please leave a comment or a message if you like!
Take care,
tgo
HK-Capital-Management
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