hello,
The current situation on the EUR/USD as I wrote in posts "it is time the dollar?" of June 23 and "DRAGHI: We're Keeping Rates Low 'For An Extended Period Of Time" from today I believe that the strengthening of the dollar has not finished yet.
Possible levels to the end of the trend can be followed by 1.2670 levels to defeat the price the next target could be 1.2480
Accordance with Elliott waves at the moment should be in the third wave.
According to the chart number 2 it is possible correction in the next few days then we should return to our trend. Depending on the complexity of the corrective wave then I can tell if it is already the end of the third wave is only a small correction.
As you can see from my transactions that I showed in previous posts I never forget about STOP LOSS.
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| chart 1, EUR/USD |
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| chart 2, EUR/USD |
regards,
oscarjp
The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Any opinion offered herein reflects oscarjp-chrimatistikos current judgment and may change without notice. Users acknowledge and agree to the fact that, by its very nature, any investment in shares, stock options and similar and assimilated products is characterised by a certain degree of uncertainty and that, consequently, any investment of this nature involves risks for which the user is solely responsible and liable.
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