- Charts: 4 H,1 Day
- Elements used: Fibonaci Fan Lines,Fibonacci Retracements,CCI
- Current Level : 1.0823
- EUR/USD staggering sell out that started in the middle of 2014 has developed gradually, that until of course the ECB announced its mighty 1 trillion Quantitative Easing program to boost the euro zone economies by giving them a hand and letting them breath a little from the mountain of debts they've accumulated.
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EUR/USD - First steps towards revarsal !
Float GBPAUD
Weekly Ichimoku indicator in an uptrend. Tenkan, Kijun cloud - point to this direction.
On the daily chart possible directions indicated in the graph. Uptrend has not been canceled and there are all preconditions for its continuation. Correction, but possible. Opt for its triangular version with a slight increase. And put the price (01.03) at the level achieved at the moment of the maximum (1.87).
On the daily chart possible directions indicated in the graph. Uptrend has not been canceled and there are all preconditions for its continuation. Correction, but possible. Opt for its triangular version with a slight increase. And put the price (01.03) at the level achieved at the moment of the maximum (1.87).