I would like to hear everyones thought on some new long term support and resistance levels. Im specifically refering to USD pairs after the rate statement on the 18th.
Do you think the EURUSD will get back below 1.4 ? if so why ? and what would it take?
What are your thoughts on the USDJPY ? are we going to see some movement or are we going to cycle between 116 and 114...
How about the cable? is it coming back ?
It seems to me like a whole new market. All the pattern recognition profiles are statistically insignificant at these new levels. What variables do we look for ?
Do you think the EURUSD will get back below 1.4 ? if so why ? and what would it take?
What are your thoughts on the USDJPY ? are we going to see some movement or are we going to cycle between 116 and 114...
How about the cable? is it coming back ?
It seems to me like a whole new market. All the pattern recognition profiles are statistically insignificant at these new levels. What variables do we look for ?
Keep it simple stoopid....