Welcome back traders. I hope your thanksgiving was a memorial one. Now we are looking at EU for long. this timeframe is the monthly. We see a double bottom around 1.02 area. Next we see price retested the 1.16000 monthly support trend line . It bounced off it with heavy liquidation, now price is heading to 1.20000 zone. on the daily time frame we see a W pattern formed. Once price hits 1.20 we might see a pullback to 1.18700 to retest that neck zone. i placed 3 long term targets where i believe EU will head in the upcoming years. Remember this is a long term swing, my targets wont hit next week lol. That is all traders, drop a like if you agree to my idea, also follow me to stay up to date on any future ideas.
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