Chinook's EUR/USD (E/$)Mumblings

Nice charts. Looks like a CCI guy to me.

Here is an alterante ARC to consider. Notice the Euro has reached the 1.61 reversal area. Might reverse down instead of up. Looks like down would make more sense.

---bull


Quote from NZDSPeCIALISt:

1.34 by christmas.
 

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Quote from Ivanovich:

This range crap is getting annoying.

I think everyone would agree except if trading intraday - hopefully the nonfarm payrolls will help FX 'bust a move.'

ae_trading
 
1.2780 is the key. If we build value just below and settle above this level then a new uptrend could begin. Settling below 2780 will create a new 2780-2580 range.

I am hoping for the latter.

Have a good weekend.

---bull
 
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