Forex EUR/USD Daily Video, March 02, 2020

[Sive Morten]

Good morning,

Next week we intend to follow short-term upside momentum on EUR, but we have doubts on long-term perspective of this tendency:

 

[Kalgan]

Bet you didn't think it would go to 1.1250 in a straight line!

It's ok. I don't think any of us did*

 

[Sive Morten]

Bet you didn't think it would go to 1.1250 in a straight line!

It's ok. I don't think any of us did*

Indeed. Anyway, we're watching for pullback,so, it seems that we should wait a bit longer

 

[minimax]

I am looking at 50% but 1,1013 should stay intact, only touched at most, otherwise it can go deeper. Below 1,10855 whole structure is different as I see it.
This move down could develop as Flat and we get another move up all the way to 1,1180/84 and then down move.