EUR/JPY's actual Fib. Center was 137.62. Since then there were counting 5 parabolic terminal points: parabolic terminal 1:143.16 (Jan. 08) crash terminal: 136.22 (Feb. 04)--19 days later parabolic terminal 2:143.78 (Mar. 07)--23 days later parabolic terminal 3:143.47 (Apr. 02)--18 days later parabolic terminal 4:142.35 (May 08)--26 days later parabolic terminal 5:140.08 (Jun. 06)--21 days later
So where will be at parabolic terminal 6 next ? There will be no more, because maximum terminal will end on Jun. 17. If EUR/JPY won't drop below 137.62 (which was actual Fib. Center), I think it will outgo New Phase. However I am not so sure about this indication. What do you think of it ?
Rats !
It's too bad you did not publish this chart, say on June 3 or 4th
so we could see and anticipate the potential for parabolic terminal 5.
It's so much better when you can watch in real time, for me anyway,
instead of after the fact.
claydoctor
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ECB wants Euro lower against all currencies, and after lowering rates, more to come if needed to combat deflation. Stimulate and wait and see policy. IMO this pair goes lower. :)
It's too bad you did not publish this chart, say on June 3 or 4th
so we could see and anticipate the potential for parabolic terminal 5.
It's so much better when you can watch in real time, for me anyway,
instead of after the fact.