mlawson71 Posted February 7, 2021 Posted February 7, 2021 The market should reopen soon, I doubt we will see any big changes, the correction will likely continue.
mlawson71 Posted February 8, 2021 Posted February 8, 2021 The pair is consolidating sideways, which is pretty normal for a Monday. Hopefully there will be development in the coming days.
mlawson71 Posted February 9, 2021 Posted February 9, 2021 The pair continued moving north today. That is likely part of the correction, next target is around 1.2185 - 1.2200.
mlawson71 Posted February 10, 2021 Posted February 10, 2021 The move north continues, it is quite likely that the pair will eventually reach 1.2200.
mlawson71 Posted February 11, 2021 Posted February 11, 2021 It is still consolidating around 1.2130, we will have to wait and see whether it will reach 1.2200 by the end of the week.
mlawson71 Posted February 12, 2021 Posted February 12, 2021 It looks like we won't see a breakout above 1.2200 this week. The pair remains completely undecided.
mlawson71 Posted February 13, 2021 Posted February 13, 2021 It closed at 1.2120 and it remained undecided. Hopefully next week the consolidation will end.
mlawson71 Posted February 14, 2021 Posted February 14, 2021 The correction should continue this week, even if we see a move north.
mlawson71 Posted February 15, 2021 Posted February 15, 2021 The pair is slowly moving north still. I think we will see it reach 1.2200 this week.
mlawson71 Posted February 16, 2021 Posted February 16, 2021 The pair remains very undecided today too, on the daily time frame it is forming what they call a barbed wire. There is no direction.
mlawson71 Posted February 17, 2021 Posted February 17, 2021 Correction continues indeed, next target is likely at 1.1980, I think.
mlawson71 Posted February 18, 2021 Posted February 18, 2021 It bounced off from 1.2020. One can never be too certain in the direction during a correction.
mlawson71 Posted February 19, 2021 Posted February 19, 2021 It is back above 1.2100, this consolidation will last into next week, by the looks of it.
mlawson71 Posted February 20, 2021 Posted February 20, 2021 It closed at 1.2115. It may rally toward 1.2150 next week, as part of the correction.
mlawson71 Posted February 22, 2021 Posted February 22, 2021 It's back at 1.2150, I think this week we may see it rallying to 1.2200.
mlawson71 Posted February 23, 2021 Posted February 23, 2021 It found some resistance at 1.2180. The consolidation clearly continues this week as well.
mlawson71 Posted February 24, 2021 Posted February 24, 2021 It is depreciating back to 1.2100, I think. The consolidation continues developing this week.
mlawson71 Posted February 25, 2021 Posted February 25, 2021 The range is finally over! The pair is moving north and next target is likely around 1.2300.
mlawson71 Posted February 26, 2021 Posted February 26, 2021 It bounced off from 1.2240, so much about a further rally. However, the correction is clearly continuing.
mlawson71 Posted February 27, 2021 Posted February 27, 2021 It closed at 1.2065, next target is probably around 1.2000.
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