Although there is a high probability that the pullback has not been completed, the EURUSD surge will be the theme for the next two weeks. Because the daily line mom indicates a deviation from the bottom, it has only risen for 3 days and is completely insufficient. So we need to wait for the moment. From the perspective of a chaotic system, the increase on the left side clearly breaks through the effective upper fractal of 6 hours, as shown by the red line. The bottom fractal of the 4-hour pullback did not catch up, and the 0.786 point of price intensive support in the next test is a good opportunity to participate.
From the perspective of lunar phase, it is currently in the upward cycle of the full moon, and due to the deviation from the bottom and the breakthrough of the upper fractal, it can be confirmed that the eurusd is in the upward cycle, that is, the full moon will help the eurusd rise.
The target is set at the daily pivot point R2 and between R3 and R2, two targets. Stop loss set at 1/3 or 1/4 of the target.
This analysis utilizes a combination of Eastern and Western methods, scientific calculations from Europe and America, and the impact of lunar cycles in the East on human activities.
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