I'll start it off with the Euro.
Last week after a huge move it went up to 1.10 which was a nice technical level, although not very precise. Right now it's hard to access whether it is going to continue bearish correction or a downtrend. All I know, is that from a shorter perspective I will be looking for a play between 1.0770 and 1.0920.
One more push up to about 1.1030 before the next wave down is also a possible scenario in my opinion.
JI
jimkane
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Yeah, rat, right off that setup. Look at how it popped hard off there with this plunge.
JI
jimkane
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Next stop on you chart, rat, at 43-44, at the upper //, coincides with my levels.
JI
jimkane
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You mean to send it up to 1.22?
Originally posted by MarcinO
Is the backtest at 1.0960 enough to send it up?
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MarcinO
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Maybe, but not today.
This is a very nice level.
This is a very nice level.
Originally posted by jimkane
You mean to send it up to 1.22?
Originally posted by MarcinO
Is the backtest at 1.0960 enough to send it up?
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MarcinO
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HOD at 1.1041 - sorry for low accuracy.
Originally posted by MarcinO
Euro on the way to 1.1030.
Volatility is enormous.
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MarcinO
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1.0780 is also a nice area but so far away right now that I don't dare to dream about it to be hit.

