paweld
Long

Close to the bottom

FX:EURUSD   Euro Fx/U.S. Dollar
442 0 1
In last two months price has drawn nice looking Elliot cycle - after 5 wave impulse we are now ending ABC zigzg . It has strong B wave - irregular abc with 127,2% a/b ret. and 100% RX             . Dynamic C wave stopped at 70,7 % ret. It's very probable place to place long position order. Another is at 78,6% and 88,6%. These levels were also respected previously so they are strong enough to stop EUR falls..
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