EU to 1.25 by Labor Day?

3 במאי 2018

Longer term possibilities.
Showing two different 12345 impulses down.

1.16 looks quite achievable per Fibonacci extensions,
and quite normal to retrace to around wave 4 of impulse up.

1.12 is plausible, if US FED keeps hiking and ECB keeps stalling.
All in all, I think EURO is way overpriced and need a significant correction

9 במאי 2018

הערה

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Considering the downward velocity, I am removing the ''less bearish'' count in favor of the remaining one in dark red below. The final target still looks good to me.

11 במאי 2018

הערה

Looks to be on track, although Friday will not move much more?

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Zoomed in fibs on smaller tf

18 במאי 2018

הערה

I have posted an updated long term plan (looking for 1.07) here: