Euro Dollar Weekly chart gives a very clear technical indication of where the market is headed. There are compelling reasons, technically, to argue that EURO DOLLAR will see 1.47 again in the coming months.
A massive head and shoulder pattern suggest that the EURO DOLLAR, which on the long term chart is range bound between $1.20 and 1.60, will have a target with 1.47. This coincides with another technical pattern. Watch the video to see why:
Euro Dollar Weekly Chart Video
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