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meszaros

The exchange rate may begin to decrease further...

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
meszaros Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Wave Analysis eurusdshort
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waveanalysis eurusdshort
The EURUSD exchange rate is based on an ABC correction. If it succeeds, further downward movement would be expected from this correction. By way of example, the structure of the first wave of the correction and the first major wave structure of the decreasing motion may be the same. The decreasing three-wave structure targets a price of 1,1200 levels.
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