Chalfie24
Short

Target set for EURUSD

FX:EURUSD   Euro / U.S. Dollar
49 0 0
With the 4th wave hopefully in place at ~1.1 the 5th wave decline can now start. Taking the 1.0 fib extension of the points of the 2nd, 3rd and 4th wave, and assuming the 5th wave will be the same length decline as the 1st wave, we nicely coincide with the trend line support set back on the 15th March (tested on 13th April) at rougly 1.065
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