EURUSD long target price 1.1471 EURUSD performs symmetrical wave motion on the wave axis (green line). If this movement continues, it is advisable to take a long position at 1,1309 for intraday trading. Target price 1,1471
Nice call. Overall, I'm seeing the effects of de-dollarisation (of the US Dollar) more and more. So whilst the EURO weakens in the next few weeks and months due to QE (and other things), the US Dollar is now seen by me to weaken at an increasing rate. This could mean that the ratio of EUR/USD is likely to rise in the longer term. Thanks for your informative posts. I think you're a greater trader from our interactions, because you're willing explore different ideas. Keep up the good work.