Be careful here :-)
I noticed a pattern in here. Which one?
I noticed a pattern in here. Which one?
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Keep in mind euro weakness is clear, but strong support levels. Monday can be quite on US side, important EU news coming next week, important US news coming also next week, Brexit fear, German recession, poor Italy. Can bring several setups for next week. If bearish tendance continue we will see 1.080 / 1.070. On the upside we can see 1.1200 again. In the mid-long and long term (next months / end of the year): bearish move can continue and be prolonged to 1.0200. Bullish move can push the price back to 1.1350 and prolonged to 1.1500 / 1.1600. Weakness is the mid-long term on euro side is for sure. Some big banks are setting there next target to 1.0857. In the long term some are putting a variable price to 1.0200. Keep in mind this is not based for the short term moves.
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Trying to give all the technical info I have here on this and previous images.
AB 1.272 / 1.618
CD 1.272 / 1.618