Eur/Usd testing the boundaries

by FXChris on February 15, 2012

Eur/Usd has now reached the bottom of it's fractal longer term range, if it busts here (here being 1.3060 zone) then it should have no issue dropping 80-100 pips to the next level. Otherwise this will likely be where she bounces from today... By weeks end and into early next week though things are looking more and more like it's time begin the move to test mid 1.29's OR 1.35, which will it be? All I know is if it's 1.35 I will be waiting with baited breath.

FXChris
SmartPip.com

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{ 2 comments… read them below or add one }

FXChris February 16, 2012 at 3:21 am

Seems this has mostly played out not long after posting the chart, fun stuff I hope many of you bagged some pips out of it…

Andrews Mentro December 30, 2014 at 7:21 pm

Really nice.

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