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Forecasting

This is a discussion on Forecasting within the General Discussion forums, part of the Trading Forum category; EUR/USD gradually dropped back to 1.0940 which is a major support, it may bounce off from it soon....

      
   
  1. #491
    Senior Member mlawson71's Avatar
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    EUR/USD gradually dropped back to 1.0940 which is a major support, it may bounce off from it soon.

  2. #492
    Senior Member mlawson71's Avatar
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    EUR/USD dropped back to 1.0920 and unfortunately it may break out below 1.0900 too.

  3. #493
    Senior Member mlawson71's Avatar
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    EUR/USD remains at 1.0920 but I think the move south will continue eventually.

  4. #494
    Senior Member mlawson71's Avatar
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    EUR/USD closed at 1.0800, for now the correction continues, let's see how it will develop next week.

  5. #495
    Senior Member mlawson71's Avatar
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    Once the market opens again next target will likely be below 1.0800, as EUR/USD is likely to keep dropping.

  6. #496
    Senior Member mlawson71's Avatar
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    EUR/USD is slowly continuing its move south. I think it will likely drop back to 1.0700.

  7. #497
    Senior Member mlawson71's Avatar
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    EUR/USD formed an actual double bottom at 1.0770 and started going north. Next target may be around 1.0940.

  8. #498
    Senior Member mlawson71's Avatar
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    EUR/USD continues consolidating sideways and it is yet to break out above 1.0900. If it does the move north will probably continue.

  9. #499
    Senior Member mlawson71's Avatar
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    EUR/USD is barely moving today but it did reach 1.0950. Next week we will likely see a further development to the upside.

  10. #500
    Senior Member mlawson71's Avatar
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    EUR/USD closed below the resistance at 1.0950 but next week the move north will likely continue developing.

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