This is what I think that #eurusd is going to make. I have predicted that the pair will fall 300 pips or more after the US elections and that happened .
The pair was trading at 1.10$ before the election night and fall to 1.0565$ , that is 430 pips approx.
The second part of my prediction which is based on historical analysis and I hope that it will be fulfilled as well ; is that the pair is going to rally almost 1500 pips in less than 3 month.
SO basically I expect the pair rally to 1.22$ level and ultimately 1.28$
Ofcourse we might see the pair pulling back from 1.22$ area to 1.1450$ area and then resuming the rally to 1.28$
That is my forecast for the euro/dollar and that was based on historical analysis which might prove wrong because of some different factors.
However from technical analysis , I think the pair has got some powerful support in that area and I dont think we will be falling behind this area of 1.0560$
If the pair broke below that area , we might actually see a runway to 0.95$