Disliked{quote} it's trading near the low of 2016/2017. Nov 2015 closed 0563. Then bounced. After that it closed 0551 Dec 2016 (Lower close), It bounced again. April 2022 closed 0546, It can bounce again. I don't know what is holding eu to more drop from here. But since it's trading near floor of last 5/6/7 years, I call it support ignoring April close 0546. I know it can finally break this trampoline, but it need more time and effort imo. Today is FOMC, It can make a wick below the low and it still have chance to rise, or it can rise before making LL.Ignored
The 1/2 mark 1.0421/1.08355 at 0628. 1.0008. The 1/2 mark 1.0008/1.0421 at 1.0214.5. The wave target at 1.2 or 1.0176
those who can, do. those who cant, talk about those who can
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