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Originally Posted by currencia
I do not think price is finished talking to the upper median line on that weekly chart I posted. Price may like to ride along it for a while as it hits the line harder and more numerous times. So, 1.6000 would be likely under that scenario. But expect a volitile ride of it. All fundy things would say that euro will keep going higher, but when most everyone agrees with it going higher it will surely go south. As USA crashes, so will go Euroland.
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Thank you for the clarification Sir
Yes I agree, thats why I am starting to sweat every time I hit the buy botton.