EUR may have bottomed yesterday at 1.15 to end the B leg and has started a 5 wave C leg to 1.19.
An alternative count allows for one more minor leg down into the 1.1450's before completing B, end result is the same a move up to 1.19 is imminent.
An alternative count allows for one more minor leg down into the 1.1450's before completing B, end result is the same a move up to 1.19 is imminent.
Comment:
EURUSD 1.1526 - So think we can now say if it trades under 1.15 there is another leg down to go, if over 1.16 it has already bottomed out
Comment:
Still doesn't feel like were in part of a new down wave.
The above count is still valid unless the EURUSD decline starts to accelerate
The above count is still valid unless the EURUSD decline starts to accelerate