EUR/USD

mlawson71

1241 by mlawson71

It looks like it will drop below 1.1135 soon. It's testing that support, at least.

josi

1242 by josi

mlawson71 wrote: Wed Mar 02, 2022 2:54 am It looks like it will drop below 1.1135 soon. It's testing that support, at least.

see the tests of the weekly pivot before price collapsed:

mlawson71

1243 by mlawson71

I think now that it has broken below the range we will see it drop to 1.1000.

Jungletrader

1244 by Jungletrader

Unreal gap who'd have predicted it ! May be more commonplace given the Ukraine situation hopefully diplomacy takes over

mlawson71

1245 by mlawson71

I really hope they manage to talk it out. The whole situation is horrifying.

josi

1246 by josi

please delete....

mlawson71

1247 by mlawson71

It found some support at 1.0850 but I doubt it will stop depreciating there.

mlawson71

1248 by mlawson71

And apparently it did stop depreciating. I should be more careful with the predictions.

mlawson71

1249 by mlawson71

It bounced off from 1.1140 and I think it may depreciate back toward 1.1050 by tomorrow.

mlawson71

1250 by mlawson71

When do you think the current consolidation will end?