EURUSD has been going through all the resistance zones and is currently at the previously mentioned upper zone of 11895-12105/10
Is Euro defying gravity and keeps on going like a duracell battery until it runs out!!!
From the 13993 high to 10340 it is nearing the 50% level 12167...
Today high @ 12092 could be done or still going to tag 12167 & consolidate or next zone 618= 12575-12600... I don't know, however
there are couple of indications that market will consolidate either from current levels or one more high to 12167-12200.
11714-10340= 10287(127%) extension 50% =12167
11714-10340= 12621(162%) extension 62% = 12598
Trade with caution.
Is Euro defying gravity and keeps on going like a duracell battery until it runs out!!!
From the 13993 high to 10340 it is nearing the 50% level 12167...
Today high @ 12092 could be done or still going to tag 12167 & consolidate or next zone 618= 12575-12600... I don't know, however
there are couple of indications that market will consolidate either from current levels or one more high to 12167-12200.
11714-10340= 10287(127%) extension 50% =12167
11714-10340= 12621(162%) extension 62% = 12598
Trade with caution.
