Hello Everyone.......
Quote:
The Euro advances to a current High @ 1.2714 off the 1.2637/42 Zone in New York and building a sizable Euro Buy Position with excellent RR Entry Zones on a sustained Fundamental advance off Key Technical Zones.
I have added a 3rd Euro Buy Zone @ 1.2665<>1.2685 onto updated Target Zones as the Large Time Frame sustains this Euro North move....
1st Euro Buy Zone @ 1.2540<>1.2555
2nd Euro Buy Zone @ 1.2575<>1.2590
3rd Euro Buy Zone @ 1.2665<>1.2685
Targeting @ 1.2700<>1.2725<>1.2745<>1.2765
The Euro advances North on US GDP currently @ 1.2723...North breaks @ 1.2723 will advance next onto 1.2745 were a North continuation will attempt a further advance build onto 1.2765<>1.2785 being the Long Term Reversal Zone for Euro...LTRZ...I posted on @ the start of the week and going back many weeks.
Watch a North break @ 1.2723<>1.2745 Zone for extension Target Exits on ALL Euro Buy Positions to Re-Position.
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The Euro advances to a current High @ 1.2750 testing the Long Term Reversal Zone of the Euro as our 1st/2nd/3rd Euro Buy Zones are building incredible gains off tight RR Entries.
Key to afternoon New York Session into the Close is the Swiss making another decline break @ 1.2485<>1.2470 thereby Targeting 1.2445/55 and advancing Euro thru 1.2750 onto extension Targets @ 1.2765<>1.2785.
We may get that New York Spike today to culminate an excellent Euro Buy Position as the USDollar Fundamentals have Positioned this move off Key Technical Zones.
IRIS FX