I had to update my areas for the Euro. It hit quite a confluence at 1.1175 and may need some time before going down again to 1.1090, for which the best timing factor is on the 3rd.
Two areas are based on flat and DB ABCD - 1.1245 and 1.1280.
JI
jimkane
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Or 85-90.
Originally posted by MarcinO
Holy cow, Euro broke my area. They may send it down to 1.10.
MA
MarcinO
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I wish...
Originally posted by jimkane
Or 85-90.
Originally posted by MarcinO
Holy cow, Euro broke my area. They may send it down to 1.10.
JI
jimkane
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Posts: 33,089
Anyway, if this long isn't going up any more, this 97.50 would be a likely spot. I'm not sure either way on this one, so we'll just see what it does.
JI
jimkane
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It's my key area, I'm not joking... It's just a question, to me, if it waits until the fall, or starts in here.
Originally posted by MarcinO
I wish...
Originally posted by jimkane
Or 85-90.
Originally posted by MarcinO
Holy cow, Euro broke my area. They may send it down to 1.10.
JI
jimkane
Rep: 3,058
Posts: 33,089
Couldn't handle the downsloping TL today. I can't imagine it will turn it down, it's so obvious, and pounded on so many times. We'll see.
JI
jimkane
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Back up on the line again. I am expecting the break up soon. It might play games until around the European open time, though.
MA
MarcinO
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It stopped at 1.10 for now.
But there is such a nice zone around 1.0920....
But there is such a nice zone around 1.0920....
Originally posted by jimkane
It's my key area, I'm not joking... It's just a question, to me, if it waits until the fall, or starts in here.
Originally posted by MarcinO
I wish...
Originally posted by jimkane
Or 85-90.
Originally posted by MarcinO
Holy cow, Euro broke my area. They may send it down to 1.10.
JI
jimkane
Rep: 3,058
Posts: 33,089
Armstrong: "The Euro will make a new historic low under 82 cents which was the 2000 intraday low."
Source: http://armstrongeconomics.com/2015/03/06/the-euro-destined-for-80-cents/
Source: http://armstrongeconomics.com/2015/03/06/the-euro-destined-for-80-cents/

