EURUSD

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@asuquokelvin - 10 hours ago
Quoted - nsg_usd

Yes there'll be corrections, but for this week, I'll expect price to get to 101.900 - 102.000 region. Then I'll expect the strong pullbacks from Next week.

How did you get 101.9 in your chart mine is still at 101.6 price has not even touch that level but yours it's your pullback level please check very well

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@nsg_usd - 4 hours ago

Please understand me carefully. I stated that "i'm expecting". that means price has not gotten to the 101.9-102.0 price region yet. still on it's way there.

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@nsg_usd - 4 hours ago
Quoted - asuquokelvin

The image shows clearly my marked box you can see price is at 101.600 but your pullback is at 101.9 already

You misread my statement, please re-check it. I didn't say price was at the level already, i said "i'm expecting price to get there, before i'll start anticipation for strong pullbacks". i choose my words carefully. Thank You.

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@asuquokelvin - 4 hours ago
Quoted - nsg_usd

You misread my statement, please re-check it. I didn't say price was at the level already, i said "i'm expecting price to get there, before i'll start anticipation for strong pullbacks". i choose my words carefully. Thank You.

Sorry for that misunderstanding I have seen it clearly , you may be right but price is still struggling to reach that level of 101.900 the last touched level was at 101.794 if price rejects 101.599 then could give further upside to that zone

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@nsg_usd - 4 hours ago
Quoted - godspowerdan

Emphasis on some will be faster and some slower, because each of them have a personal market structure.

Yes Sir, emphasis is very important. To add their personal structure, each Currency Index/basket is one good way to know the ones, that will tend to slow, and the ones that will tend to be fast.

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@nsg_usd - 4 hours ago
Quoted - asuquokelvin

Sorry for that misunderstanding I have seen it clearly , you may be right but price is still struggling to reach that level of 101.900 the last touched level was at 101.794 if price rejects 101.599 then could give further upside to that zone

No problem Sir. It's totally fine. Yes that's right, price is struggling to get to that level. Slowed momentum towards a zone of interest, is one characteristics of price that I always look forward to see as one of the confirmations that price is deciding whether to respect it or not.

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@asuquokelvin - 4 hours ago
Quoted - nsg_usd

No problem Sir. It's totally fine. Yes that's right, price is struggling to get to that level. Slowed momentum towards a zone of interest, is one characteristics of price that I always look forward to see as one of the confirmations that price is deciding whether to respect it or not.

From my chart here price is heading towards that 101.599 level I marked if price breaks below it more downside but if price rejects it then there will be a change, one can be right all the time it's only price that is always right

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@nsg_usd - 4 hours ago
Quoted - asuquokelvin

Sorry for that misunderstanding I have seen it clearly , you may be right but price is still struggling to reach that level of 101.900 the last touched level was at 101.794 if price rejects 101.599 then could give further upside to that zone

To further support the bounce at 101.599, price is still bound to a 1hr bullish channel, and the last touch level as you've mentioned, coincides with the upper Trend channel resistance. a breakout of this channel, will be one of my confirmations that the pullback has started.

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@asuquokelvin - 3 hours ago
Quoted - nsg_usd

101.599-101.500 region

I was so precise, price is above the 101.599 level but right now showing rejection From there

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@nsg_usd - 1 hour ago
Quoted - asuquokelvin

I was so precise, price is above the 101.599 level but right now showing rejection From there

current price is still confined within the region, but seems it wants to break to the downside

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@asuquokelvin - 1 hour ago
Quoted - nsg_usd

current price is still confined within the region, but seems it wants to break to the downside

It can't move upwards again except there is a break upwards above the 101.64 level

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@nsg_usd - 1 hour ago
Quoted - godspowerdan

This is insightful

I didn't know about this

Glad you know it now. Most popular of the Currency Basket is DXY Index, but all currencies have their Basket/Index too.

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@nsg_usd - 1 hour ago
Quoted - asuquokelvin

It can't move upwards again except there is a break upwards above the 101.64 level

Trading Volume has dropped, cause London session has wrap up.. it'll react at that 101.500 region

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