i read somewhere about this pair
"On $EURUSD , yesterday behaviour is the first sign that $EURUSD may be topping up . 1.3800 to 40 is the important resistance area. However to confirm that downmove is well and truly in place from long term cycles , a move below 1.3600 is needed . It should be kept in mind though that this kind of move can still take a bit of a time , around one week would be a safe estimate. To the upside, it all depends on FOMC. Taper or not taper . if a weak support for tapering is seen, 1.4000 is very much a possibility before the first ECB meeting in January."
need feedback about that, what members hare think about that?
"On $EURUSD , yesterday behaviour is the first sign that $EURUSD may be topping up . 1.3800 to 40 is the important resistance area. However to confirm that downmove is well and truly in place from long term cycles , a move below 1.3600 is needed . It should be kept in mind though that this kind of move can still take a bit of a time , around one week would be a safe estimate. To the upside, it all depends on FOMC. Taper or not taper . if a weak support for tapering is seen, 1.4000 is very much a possibility before the first ECB meeting in January."
need feedback about that, what members hare think about that?
R!$$@dUM