ew-forecast

EURAUD Making A Three Wave Retracement

FX:EURAUD   Euro / Australian Dollar
EURAUD             remains bearish with three wave decline since start of the year, that could prove as a temporary reversal. We are tracking a zig-zag with current ending diagonal taking place in wave c, that can still make a new low near 1.3500.
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Figuring out how best to use the Fibs to get the proper Wave Ratios, since it seems many times it is not done in the normal way of measuring a retracement. EW Extensions are complicated.
Don't know what I would do without you (your charts).
Learning lots from you Grega.
Many thanks,
FrankM
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ew-forecast frankm.internetsavvy
Thank you very much, FrankM.
If you have any more questions, just let me know.
Grega
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