EURUSD may start the trend rally!
Because of that ABD Dollar lose value in the international arena, an important betterment of EURUSD parite is observed. And this betterment continuated with the leading od Heiken Ashi indicator to the barrier of 1,1225. Because of that the negative trend rally that parite started from the region of 1,14 – 1,15 is continues despite of upward rising movements that are observed recently, it can be said that EURUSD preserves the short term negative expectation and also, current scenario will continue as long as the parite remain under the region of 1,1225 – 1, 250. This scenario is supported by Japan indicator Ichimoku Kinko Hyo. In order to end of the relevant scenario, it is requirement of permanent movements above the regions of 1,1225 – 1,1250.
Main Scenario: If EURUSD parite continue to be under the region od 1,1225 – 1,1250, , it may want to resume the negative trend appearance that it have an effect since 21 MARCH 2019.
The Possible Targets of Main Scenario: If the EURUSD parite will continue to remain under the region the 1,1225 – 1,1250, the trend rally toward support points of 1,1174 and 1,1123 may be observed. The reaction under the level od 1,1123 may brings about the psychologic level of 1,1000.
Alternative Scenario: In order to negative trend appearence of EURUSD parite to end, it is requiered 4 – hours of closening that above the region of 1,1250.
The Possible Targets of Alternative Scenario: If the EURUSD parite realize an 4 – hours closening above the region of 1,1225 – 1,1250, the positive appearance toward barrier of 1,1277 and 1,1225 may be observed.