EURAUD weekly corrective structure. Short

Euro Fx/Australian DollarFXCM

Description

⋅ Jul 13, 2015 3:59 PM

The EURAUD is at the top of a weekly corrective structure .
It has completed a 5 wave up structure so i am expecting a 3 wave correction or an Impulsive move down.

Comments

Dungan

⋅ Jul 13, 2015 4:05 PM

Thanks for posting a chart, even a layman like me can make sense of. Cheers....Salil

anilmangal

⋅ Jul 13, 2015 4:06 PM

Glad it helps

nightfly45

⋅ Jul 13, 2015 4:10 PM

Thanks Anil. The analysis is always very helpful.

anilmangal

⋅ Jul 13, 2015 4:11 PM

Thank you .

Laliberte

⋅ Jul 13, 2015 6:04 PM

Thanks Anil!

FXSpringbok

⋅ Jul 13, 2015 4:13 PM

This is crystal clear, thanks Anil! I am happy and patiently waiting to find out which it will be. (And that is infinitely better than jumping in on a guess.

anilmangal

⋅ Jul 13, 2015 4:15 PM

Thank you I'll post the update.

Roncriss

⋅ Jul 13, 2015 4:10 PM

Very nice structure let me watch this closely ,Thanks

badkiller000

⋅ Jul 13, 2015 4:04 PM

Thank you anil

DevonMerancio

⋅ Jul 13, 2015 4:03 PM

Some very nice structure here :)