Following last nights 61.8 Target 2 confirmation of the bearish bat
, we find support at the 88.6 below target 2. Price is expected to rally up as we come into the full force of US Session to about an 88.6 from X-C following a 1.618 extension
from the XA leg to confirm for a Bullish Deep Crab
, a very volatile harmonic
. Look for as many as 10-20 pips of volatility
at D following by a very abrupt rally into the 38.2 into the 61.8 for a full confirmation of target.
Watch for any news that could negatively affect the Euro
Dollar in its move to the new highs.