EURGBP ELLIOT WAVE: Correction In View Long

Euro Fx/British PoundFXCM

Description

⋅ Nov 17, 2014 10:49 PM

The pair has just been rejected from its recent high of 0.8. The corrective wave (4) is currently under way. Long positions may be taken near the 0.7924 area(the projected end of wave (4)) and target 0.82. Our count is valid as long as 0.7863 holds.