Eur/Usd Technical Analysis
I mentioned yesterday that the Monthly Chart for Eur/Usd is still in a Bullish consolidation. That got me thinking… and I reviewed my analysis from yesterday. This is what I see...
Going by the theory that Correction not only occurs in Price but in Time as well, then we could be in a complex zig-zag, as shown in the Eur/Usd Daily Chart, in my Charts above.
If this view is to be true, the Eur/Usd still has scope for one more rally after current correction. Perhaps a final push up, before a true Trend change / reversal.
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