All signs look like their pointing long... People are making money selling the Euro. Distracted by common trends like the 3 month pattern!
March, being the 3 month cycle, we have hit the lowest of low then... only for May to be the retrace. Look at other years on 3 month cycles, month 5 retraces near month 4.
Month 6 show extremely bullish. Not everything runs on our calendar months...watch for the 9 month cycle where we should revisit this level after mid June highs!!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.