jdemunter
Long

Eur/Usd : Breakout coming

FX:EURUSD   Euro Fx/U.S. Dollar
With NFP just 2 days away, price is showing a wedge pointing down. Tomorrow's news from England could lead to an early breakout. I am still holding to my EW count and say we're going higher in wave Y. It's also important to know that the alternative count, where wave X isn't finished yet but needs one more low, has a low just slightly lower, just sub 1.08. Of course keep in mind that moves on big news can be exaggerated, so be careful with your stops or use other instruments like buying options.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out