The euro is playing out as expected, more or less. I count a nice 3 wave move, ending with an impulsive wave "c" and stalling at the 50% Fibonacci retracement level. So the correction could easily be completed right now. If so, the euro should be headed down immediately and not come near the 1.0812 level, which is the wave i) extreme.
PLEASE NOTE: THIS IS JUST AN ANALYSIS BLOG AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. THE DATA HERE IS MERELY AN EXPRESSED OPINION. TRADE AT YOUR OWN RISK.
No comments:
Post a Comment