Good evening traders,
We are tracking the EURUSD for further downside.
We have seen a fairly obvious 5 wave structure higher over the past month, we are now expecting a C wave down to test support completing the a-b-c correction.
Safe haven currencies may be in high demand as fears of a second wave of corona-virus are coming to the forefront of the news, meaning a stronger USD and JPY.
Any thoughts or comments please let me know,
We are tracking the EURUSD for further downside.
We have seen a fairly obvious 5 wave structure higher over the past month, we are now expecting a C wave down to test support completing the a-b-c correction.
Safe haven currencies may be in high demand as fears of a second wave of corona-virus are coming to the forefront of the news, meaning a stronger USD and JPY.
Any thoughts or comments please let me know,