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Re: EUR/USD

josi, Sun Dec 12, 2021 12:22 am

Papybillou wrote: Sat Dec 11, 2021 9:34 pm
very good analysis - downward bias (since 13-06-21 in my book; if you use TLs it may well have been around the 20-06-21)
the only thing: on the weekly EURUSD is at the 61.8 retracement (taking the last move up as reference) + divergence (see below)
But this means nothing as such.
Should price close above 1.138 I will reconsider .
Should price close above 1.149 I may change my mind.
(Continuously speculating about a time horizon before any event that may change the outlook has happened is less than productive)
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