November 6th events kick started a stalled EURUSD pair. Provided some very wild swings and now is displaying a desire to move further up. The wild swings generated price projections of 1.1651. I am looking for the more tempered variants of the projections as they readjust themselves after all the excitement.
So for now, long term is definitely long but how long? ~ 100 ??
Look for a bounce off around 1.146 before moving back up. The prices are far away from the EMAs and need to allow for the moving averages to catch up or the prices need to return to the moving averages and lead them back up.
So for now, long term is definitely long but how long? ~ 100 ??
Look for a bounce off around 1.146 before moving back up. The prices are far away from the EMAs and need to allow for the moving averages to catch up or the prices need to return to the moving averages and lead them back up.