Pashabxl

EURUSD: Short term Long is over. Long term short continue

FX_IDC:EURUSD   Euro / Dolar A.S.
As I have said in my previous studies, here is the lastest update. So the upside correction has come to an end and as forseen the primary target that was 1.10 has been achieved.
The secondary target could have been 1.12 but yet ECB made the intervention. A high Commodity price with a low EUR is in the interest of ECB for its inflation policy.
Keep in mind that ECB will spread the market with 60BiO€ early April.
Penafian

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