Iridium

OVERWEIGHT SHORT EUR/USD GOING INTO FED FUNDS

Short
FX:EURUSD   Euro / U.S. Dollar
0
CURRENT MARKET STRUCTURE SHOWS CORRECTIVE SIGNS AS WAVE 4 OF THE CURRENT IMPULSE WAVE TO THE DOWNSIDE HAS FORMED A TRIANGLE WHICH WAS CONFIRMED BY THE .382 RETRACEMENT OF WAVE 3 AND MULTIPLE CORRECTIVE 3 WAVE MARKET STRUCTURES. THE MACD HAS MOVED ABOVE THE ZERO LINE WHILE PRICE AS MOVED IN A SIDEWAYS MANNER FURTHER STRENGTHENING MY CONVICTION OF FURTHER DECLINES IN THE CURRENCY.
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