DislikedHello All.....Just thought I'd post this here. It's My back drop for the longer term. Overall I'm expecting the Euro will need to drop down into the weekly fresh levels before we'll see any real longer term ( Weekly / Monthly ) turning points. not that we cant rally into some nice shorts in the mean time.
P.S. H2.Thanks for your input on Red's thread...this goes out to you too bumapatria
P.P.S Not a long enough study but since 1990 for the Euros 76 % of the years trade atleast 80 % of the 3 Year Ave Range projection.... We'll seeIgnored
I have actually marked of some demand zones on the weekly and daily around the 1.31-1.33 area, but will not be surprised to see then smashed in the coming days and weeks, and will constantly re-evaluate the situation.
Regards.
h2