Disliked{quote} You are still seeing buys simply because it will eventually happen but before it buys, it wants to damage most bears and finally rocket up. The last time I saw this type of trend was year 2020 and Year 2013. This guy has dropped by 1568 pips from high of 1.3748. year 2020 had a drop of 1800 pips while year 2013 had a drop of 1510 pips. The nearest supports are 1.2165 and 1.2073 from April and May 2020... Bulls will finally have their time to swing in the near term. 1568 pips of expected 1700 pips has happened as early as May... This is bizzare...Ignored
In both years 2013 and 2020 there was a rounded bottom that took a few months before the permanent upward movement. I suspect we'll range between 1.200 and 1.2500 through the summer. Then in the Fall we'll have our last hit at the bottom and powerful thrust north.
https://breakpullback.com
