Here are the most important patterns and trend lines I'm watching now, as this pair ranges between 127 and 137.
I am not looking to actively trade leveraged pips on this pair!
I make well-timed larger-scale allocations based on macro trends.
My prediction remains with previous charts I've shared:
1. A return to lower levels with a test of support around 125, probably during a crisis this year.
However, with the higher low we have recently seen, I am now less confident in a return to 125.
2. Then a melt up to 200 and beyond. I am fairly confident in that one.
Good luck and enjoy!
I am not looking to actively trade leveraged pips on this pair!
I make well-timed larger-scale allocations based on macro trends.
My prediction remains with previous charts I've shared:
1. A return to lower levels with a test of support around 125, probably during a crisis this year.
However, with the higher low we have recently seen, I am now less confident in a return to 125.
2. Then a melt up to 200 and beyond. I am fairly confident in that one.
Good luck and enjoy!
