mlawson71 Posted February 23, 2022 Posted February 23, 2022 It's back to testing 1.1330, but with the range that tight, personally I'd avoid trading it altogether.
mlawson71 Posted February 24, 2022 Posted February 24, 2022 Well, the range is over. All it took to end it was war in Ukraine.
mlawson71 Posted February 25, 2022 Posted February 25, 2022 It bounced off from 1.1100 again. We'll have to wait and see whether it will return into the range once again.
mlawson71 Posted February 26, 2022 Posted February 26, 2022 It closed back at 1.1265. So much about a breakout, for the moment at least.
mlawson71 Posted February 28, 2022 Posted February 28, 2022 Indeed, it opened with a gap but it has almost recovered it. I assume it will recover it fully by the end of the day.
mlawson71 Posted March 2, 2022 Posted March 2, 2022 The pair dropped below 1.1100 and remains bearish. I think it will soon reach 1.1000.
mlawson71 Posted March 3, 2022 Posted March 3, 2022 EUR/USD is at 1.1050 and remains pretty bearish, I have little doubt it will depreciate to 1.1000 too.
mlawson71 Posted March 4, 2022 Posted March 4, 2022 It dropped below 1.0900. I guess 1.0800 is the next target, eventually.
mlawson71 Posted March 5, 2022 Posted March 5, 2022 By the looks of it, next week the pair will likely drop below 1.0900 and continue depreciating toward 1.0800.
mlawson71 Posted March 6, 2022 Posted March 6, 2022 Let's see whether the move south will continue next week.
mlawson71 Posted March 7, 2022 Posted March 7, 2022 The EUR is dropping like a rock, which was to be expected considering the current crisis. We may see a breakout below 1.0800 too.
mlawson71 Posted March 8, 2022 Posted March 8, 2022 It reached some support at 1.0850 but I don't think this is quite the end of the depreciation.
mlawson71 Posted March 9, 2022 Posted March 9, 2022 It bounced off 1.0850, I think it will pull back toward 1.1050 next.
mlawson71 Posted March 10, 2022 Posted March 10, 2022 It climbed all the way to 1.1120 before it bounced off from that level. Let's see whether it will drop below 1.1000 again.
mlawson71 Posted March 11, 2022 Posted March 11, 2022 I think next week we may see the pair drop below 1.0900 considering how bearish it is currently.
mlawson71 Posted March 12, 2022 Posted March 12, 2022 It closed at 1.0910. I wouldn't be surprised if it drops below 1.0900 next week.
mlawson71 Posted March 14, 2022 Posted March 14, 2022 It's consolidating sideways for the moment but I think we may see a further move south this week.
mlawson71 Posted March 15, 2022 Posted March 15, 2022 It remains pretty undecided today, though I think it may drop to 1.0920.
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