EUR/USD - Long and short term view. 12 years downtrend reversed!
Hi All, my main 3 take-outs from this analysis are the following:
1- 12-years downtrend possibly being reversed, long term target 1.5
2- EUR/USD approaching key 1.13 level, where long term point of control is.
3- 1.13 level is also the 0.618 fibnacci level of the most recent uptrend (from March 20 to January 21
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
1- 12-years downtrend possibly being reversed, long term target 1.5
2- EUR/USD approaching key 1.13 level, where long term point of control is.
3- 1.13 level is also the 0.618 fibnacci level of the most recent uptrend (from March 20 to January 21
Not a financial advice, just personal opinion. Do your own due diligence and good luck!