I want to share some view of these three big guy:
EURO, is the strongest in my opinion, but now it need a healthy adjustment for touching the suppress level and the 38.2% Fib, after that I believe around 1.10 it will get strong support because it's the 4 MA mix area.
POUND, it's similar with EURO, but, I think the adjustment will be more deeper than EURO, it need to form a stable bottom, which might be a W bottom, and the final re-bounce target should be 38.2% Fib.
DOLLAR, a re-bounce is coming but I don't think it will make new high or something, for me it's more like "B wave" of the ABC Elliot.
So, I hope I have made my point clear and could do some help, GOOD LUCK.
EURO, is the strongest in my opinion, but now it need a healthy adjustment for touching the suppress level and the 38.2% Fib, after that I believe around 1.10 it will get strong support because it's the 4 MA mix area.
POUND, it's similar with EURO, but, I think the adjustment will be more deeper than EURO, it need to form a stable bottom, which might be a W bottom, and the final re-bounce target should be 38.2% Fib.
DOLLAR, a re-bounce is coming but I don't think it will make new high or something, for me it's more like "B wave" of the ABC Elliot.
So, I hope I have made my point clear and could do some help, GOOD LUCK.
Trade closed: target reached:
