Sell Eur/Usd

[comenow]

Hi Iris,

I really hope you are right because I think the eur wants to correct significantly.

[sanela]

be careful with eur/usd here, the stops above 2260 could be taken first before it heads down again

[pqt]

Looked like the euro bulls have pulled one of their hit 'n run numbers again...

Quite frankly, I'm getting tired of all those shenannigans that defy all fundamentals and logics these past few weeks...

[comenow]

Originally Posted by pqt

Looked like the euro bulls have pulled one of their hit 'n run numbers again...

Quite frankly, I'm getting tired of all those shenannigans that defy all fundamentals and logics these past few weeks...

all known info seems to be discounted by the markets. Unless there comes something new, expect the ranging to continue or the eurusd to go up for a bit.

[Iris]

Hello Everyone............

Looked like the euro bulls have pulled one of their hit 'n run numbers again...

Euro has a 3rd attempt to break 1.2250...and clearly rebuffed.....which presents 2 Options....basing for a North advance onto 1.2350<>1.25 or North contained just below the ECB's 1.2350 stronghold... at 1.2250 heading for a retest of the 1.1867 current Low onto 1.1760 placing Euro at the edge of a South decline in the coming months to 1.15<>1.1350. One thing for certain is the Summer Range is still in force and every move toward the boundary of that Range at 1.2250<>1.1867 determines the validity in the Directional Move...

1.2250 currently is North Contained...and that was the Sell Zone..........

South to 1.20

Iris

[Fire580]

edited after receiving e-mail to paid subscribers

thank you

[Iris]

Hello Everyone.............

One thing for certain is the Summer Range is still in force and every move toward the boundary of that Range at 1.2250<>1.1867 determines the validity in the Directional Move...

1.2250 currently is North Contained...and that was the Sell Zone..........

South to 1.20

A South Break at 1.2180 sets the stage for a retest at 1.2150...with 1.2080 the next South decline... a South break at 1.2080 has Time/Price on course thru 1.20<>1.1950 to test the bottom of the Range...1.2252<>1.1867.

[FxBlaster]

Originally Posted by Iris

Hello Everyone.............

A South Break at 1.2180 sets the stage for a retest at 1.2150...with 1.2080 the next South decline... a South break at 1.2080 has Time/Price on course thru 1.20<>1.1950 to test the bottom of the Range...1.2252<>1.1867.

Hello Iris,
Excellent Thread ..
1.2180-1.2173 needs to be taken that is where i also believe the meat is sitting while above 1.2165-1.2140 bulls are strong and could try to take this 1.2250-1.2268 figure . after today's rejection at 1.2250's there is again big possibility we will see 1.2000 soon lets see what happens if close is below 1.2207 i am awaiting a retracement to 1.2173 .. lets see time will tell.....

again wonderful thread you're running...
FxBlaster..