Friday, June 17, 2011

2011-06-17 - eurusd - contiunation of drops?

In last entry I've mentioned ending od wave (B) in correction on eurusd. Indeed, wave (B) is over, however it lasted longer. At the moment pair is in wave (C) and it's losing value. We can see it at daily chart:


Let's look at wave (C) at H4 chart:




We can cee impulsive waves 1 and 3 (third wave is longer then the first one). At the moment eurusd is in corrective 4 wave wich shlould end after the weekend.

1 comment:

  1. At the moment eurusd is in corrective 4 wave wich shlould end after the weekend.

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