EUR/USD Daily Video, November 20, 2017

[Sive Morten]

Is EURUSD going to test 1.17686 before another leg up? Sive

Actually I'm also thinking about it. Some AB=CD down really could happen and another "222" buy will be rather welcome... But, I'm not sure that it will appear.

 

[olaaka carlos]

Actually I'm also thinking about it. Some AB=CD down really could happen and another "222" buy will be rather welcome... But, I'm not sure that it will appear.

If AB=CD does not happen where then will the turn to the upside happen towards out final target of 1.18509 buy?

 

[olaaka carlos]

Sive, looking at the 4TF looks live we are channeling in a flag...?

 

[Rabul]

1.1744 is it still retracement? Looks like all gains almost erased.

 

[Sive Morten]

1.1744 is it still retracement? Looks like all gains almost erased.

Yes, EUR now stands under political fever. Every hour something new is coming. Now it is re-election in Parlament as they refuse idea of creating minority government.
So, do not try to find any logic right now in price behavior.