Sunday 20 July 2014

EUR/USD



EUR/USD 4Hr

Expecting the EUR/USD to rally to around 1.3548 to 1.3557 (red rectangle) completing the 4th wave of a potential 5 wave down move. 1.3548 is also the 38.2 retracement level for the 3rd wave, a key resistance level. If prices however penetrate the 1.3548 to 1.3557 price region prices could go to 1.3575 before finding further resistance.




No comments:

Post a Comment