tp 1 touched tp 2 will touch friday tp 3 and will you must look
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near target 2 price go up but this is wave 2 of 5 pullback large minor wave 3 of 5 coming soon
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eurusd time for pullback
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after target reached price sharp go up for wave c its maybe wave c of expanding flat and maybe go up near 1.1672 1.1697 and down trend and maybe leading but not normally i wait ccomplet wave 2 for sell
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update
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short term target complet reached and i sell top
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ALT SENARIO THIS WAVE 4 IS TRIANGLE WE MUST WAIT TO COMPLET THIS WAVE THIS WAVE C
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Shortterm target touched But midterm target below 1.1400 Good luck
@Ali.soleimanzadeh70, that was for previous chat in other language that I didn't understand either. Then I noticed that was from June 8th. my apologies.
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@cathan, I said to my friend that the euro / dollar will fall below one in the long TERM
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@Ali.soleimanzadeh70, thank you. It was an important comment after all.
@Ali.soleimanzadeh70, good to know but I find it hard to believe. 1.15 is the rate with a spread Trsy/Bunds at 250 points and US inflation 2.3% and Germany 2.1%. Furthermore, US debt is expanding rapidly in contrast to German debt. having said all that I think 1,80 is more likely in the long long run but medium term price action does't always follow fundamentals. thank you again for your insight and your time
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@cathan, Fundamental
Moves the market
BUT dollar index very strong move
and us interest rate Grows up in the case your currency(dollar) strong than other currency
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@Ali.soleimanzadeh70, true. but the US yield curve is the flattest in last 11years at 33 bps pbs.twimg.com/media/Dgrx8SiX0AEsD7c.jpg which implies a possible imminent end to raising dollar rates. all analysis is subject to gov policies. Furthermore, if rates were the key factor to FX gyrations then how do you explain the UJ anomaly? as a retail investor I prefer to follow short to medium term analysis instead of grand cycles etc. Thank you again for the analysis. Keep up the good work :)