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-   -   EURUSD - Are you read for the number of the beast? (https://www.forexfactory.com/thread/55574-eurusd-are-you-read-for-the-number)

charlinks Nov 9, 2007 1:21pm | Post# 1

EURUSD - Are you read for the number of the beast?
 
I don't know if it is going to be the end of the world when EURUSD reaches $1.50 but here is an interesting fact for those of you who like to have some fun with numerology:

1 / 1.50 = 0.666...

Which means when EURUSD = 1.50

1 USD = 0.666 EUR

I've already packed food and water for 1 year and have a room that can survive radiation

Are you ready?

notouch Nov 9, 2007 1:31pm | Post# 2

The 666 number often acts as a pivot in the markets. Gold pivoted around 666 but when it cleared it there was a big up move. The same thing happens with Dow futures and currencies whenever you see the 666 number broken. I see EUR/USD is currently at 1.4666. If it fails to hold above it expect a big sell off next week.

charlinks Nov 9, 2007 2:14pm | Post# 3

The 666 number often acts as a pivot in the markets. Gold pivoted around 666 but when it cleared it there was a big up move. The same thing happens with Dow futures and currencies whenever you see the 666 number broken. I see EUR/USD is currently at 1.4666. If it fails to hold above it expect a big sell off next week.
I feel 1.4666 is almost as strong of a support as 1.4444 was...

It will be hard to go through and I agree if stays below 1.4666 for more than a day it will go south some major pips (100+).


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