EURUSD reversed sharply to the downside in
the last few days, clearly in five waves from above 1.3800 with a daily and
weekly close price beneath the channel line connected from July lows. This
break indicates a change in trend, and possible completion of a larger three
wave rally in wave E. But as always we are focused on minimum expectations for
the next few days and weeks, and that is a three wave decline from the top
which is also expected on the alternate count which shows an incomplete wave E
from 2012 low.
Written by www.ew-forecast.com
Hurry Up! Only a Few Hours Left for 2 for 1 Offer: Register Now
& Save 50% >>> http://www.ew-forecast.com/register [2 for 1: Get 2 Month Package For Price of 1]
No comments:
Post a Comment