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MTPredictor
Oct 8, 2014 3:44 PM

Will the EURUSD Rally from here Long

Euro Fx/U.S. DollarFXCM

Description

As you can see from the Chart the Euro is at both MTPredictor weekly DP support and at a Daily Wave 5 low, so will a rally unfold from here ?
Comments
Pink_Grasshopper
Indeed, 1.3000 being the first target.. Higher level count could suggest crest of wave 4 at that point. It will be curious to see if that is in fact in play or we will stall and reverse for another downturn or continue upwards. EUR has gone fast and far. Time for bit of a recovery. Thanks for posting!
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