Fomenka

EURUSD Close Up

Short
FX:EURUSD   Euro / U.S. Dollar
Difficult one. I think USDJPY is long, and metals are bear. So I naturally biased that EURUSD is bearish and DXY is bullish.

However, I usually spot expanding diagonal at the end of a move (5th or C waves). And what I charted as ending diagonal C can be said to consist of impulses, not zigzags.

As always market leaves a lot of doubts. One thing is certain - as I grow older, I tend to become less assertive about the scenario I have my bets on.

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