The Euro-dollar. The situation today.

in #euro-dollar7 years ago

The Euro-dollar did not test the broken support and continued its decline by updating local lui. Leaving lower without retest makes you doubt the sustainability of the decline, however, everything is still going according to plan. The main goals below are the previous ones: 1,164 and 1,154, local support - 1,172. A slightly different version suggests an oscillation, where we complete the 5 by 3 wave (with the wave equal to 1 = 5, its end lies in the region of 1,172-1,173) and can again go into a decent bounce (or lie in a wide sideways) within the 4 wave, so the probable levels (1,196, 1,20 and 1,204) are still relevant.

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