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lawrence14198

EURUSD

Short
Euro / U.S. Dollar (FX:EURUSD)  
lawrence14198  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis EURUSD EUR USD
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trendanalysis chartpattern waveanalysis eurusd eur usd
EURUSD: On larger time frame we could clearly see a wave pattern (123) which suggests EURUSD could potentially retrace to 1.15000s. The pattern has been very symmetrical since the start of May with 2 corrections of very similar depth and 2 rallies of very similar magnitude. Momentum is now showing some divergence ahead of good resistance around 1.1800-20 similar to what we saw at the 1.1422 peak in early June, suggesting the danger of another correction in the trend-possibly towards 1.1550
EURUSD EURUSD EURUSD EURUSD EURUSD
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