Euro / U.S. DollarShort
0.80 is 50% of the 14-year old top.
0.80 will be hit.
On July 15th, 2008 EURUSD reached 1.60. Looking at support/resistance structures below 1.00 I see that the most natural ending of the present downtrend is 50% of the 14 year old top.
The move should be really fast. 5-6 weeks.
On July 15th, 2008 EURUSD reached 1.60. Looking at support/resistance structures below 1.00 I see that the most natural ending of the present downtrend is 50% of the 14 year old top.
The move should be really fast. 5-6 weeks.
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