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harshjapee

EURUSD remains bearish until below 1.2010, Bottomline!

Short
Euro / U.S. Dollar (FOREXCOM:EURUSD)  
harshjapee  
FOREXCOM:EURUSD   Euro / U.S. Dollar
Trend Analysis Wave Analysis EURUSD Technical Analysis
5
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trendanalysis waveanalysis eurusd technicalanalysis
EURUSD has been offering various counts: 1. Lower degree wave ii of 3 is in place at 1.1800 and that wave iii could resume anytime lower below 1.1600 mark. 2. A leading diagonal underway towards 1.1500 3. Wave B of a 3-3-5 flat structure is underway from 1.2010. We remain prepared to add more around 1.1850 handle but bears are in control until below 1.2010.

Remain short, add more @ 1.1850, stop @ 1.2010, target is 1.1500 and lower.

Good luck!
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