mlawson71 Posted September 21, 2021 Posted September 21, 2021 It certainly found some support at 1.1700, we may see a pullback to the north in the next few days, I think.
mlawson71 Posted September 22, 2021 Posted September 22, 2021 It started consolidating above 1.1700. I fear that may continue until the end of the week.
mlawson71 Posted September 23, 2021 Posted September 23, 2021 It's back above 1.1700. The consolidation will likely continue until the end of the week.
mlawson71 Posted September 24, 2021 Posted September 24, 2021 It is depreciating back to 1.1700. As I thought, the consolidation will likely last until the market closes.
mlawson71 Posted September 25, 2021 Posted September 25, 2021 It closed at 1.1715. Hopefully next week the consolidation will end.
mlawson71 Posted September 26, 2021 Posted September 26, 2021 Let's see how the pair will develop next week!
mlawson71 Posted September 27, 2021 Posted September 27, 2021 It formed a double bottom at 1.1680, we may see a significant move to the north again after all.
mlawson71 Posted September 28, 2021 Posted September 28, 2021 So much about the double bottom, it broke out below that level and it is now depreciating further toward 1.1650.
mlawson71 Posted September 29, 2021 Posted September 29, 2021 EUR/USD is falling like a rock at the moment. Personally, I think it will reach 1.1600 and may break out below that level.
mlawson71 Posted September 30, 2021 Posted September 30, 2021 It broke out below the last low from last year at 1.1600. It's more or less in freefall right now.
mlawson71 Posted October 1, 2021 Posted October 1, 2021 The last low, formed in March last year, was at 1.0630. I doubt it could drop that low without any of serious correction, but we will have to wait and see.
mlawson71 Posted October 2, 2021 Posted October 2, 2021 It dropped to 1.1560. Even if we see some retracement next week it will likely remain very bearish.
mlawson71 Posted October 3, 2021 Posted October 3, 2021 Let's see whether the move south will continue next week.
mlawson71 Posted October 4, 2021 Posted October 4, 2021 It found some support at 1.1560 and bounced off from it. After such a drop some correction is expected, but I think it remains bearish in the long-term.
mlawson71 Posted October 5, 2021 Posted October 5, 2021 It's consolidating around 1.1600, so far it's quite undecided. That said, I do think we'll be seeing a correction to the upside.
mlawson71 Posted October 6, 2021 Posted October 6, 2021 It remains very bearish. I think it will soon depreciate further to 1.1500.
mlawson71 Posted October 7, 2021 Posted October 7, 2021 The pair remains very bearish today, I think we will see it drop to 1.1500 eventually, although it may not happen this week.
mlawson71 Posted October 8, 2021 Posted October 8, 2021 It remains quite bearish, although I doubt we will see it break out below that level this week.
mlawson71 Posted October 9, 2021 Posted October 9, 2021 Even though it found some support at 1.1550, I think that next week we will see it depreciate further.
mlawson71 Posted October 11, 2021 Posted October 11, 2021 It's consolidating around 1.1560 at the moment but I think we'll see another depreciation this week, possibly after some retracement.
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