ForexDreams

EURUSD - PAINFUL COUNTER TREND

FX:EURUSD   Euro Fx/U.S. Dollar
112 0 9
After an exciting start of the week, we have had a painfully dull two days. I knew there would be a counter trend but didn't think it would go all the way to 0.618 retracement , nor did I think it would take this long.

At this point it looks like EU won't fall this week, it will probably rise up to either of the two green lines before falling on Monday for the next leg down.

We'll see how this plays out.

Good luck everybody.
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