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McQuant
Dec 1, 2013 9:12 PM

Longer term view on EURUSD 

Euro Fx/U.S. DollarFXCM

Description

We can see 2 triangles that are potentially unfolding 2 bullish harmonic patterns likely ending in D point around 1.28766. This could happen in case A point won't be breached upside and C point is formed and steady around 1.37658. So in couple of next days we can see some price move upside while finding C point. Then price can experience decline down to D point around 1.28879.
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