Razvan

EURUSD - Update

FX:EURUSD   Euro / U.S. Dollar
677 2 2
It went pretty nice until now. The price hit 1.30 and bounced right back. I think we will witness a sideways move in the beginning of the move. The battle will start with the ECB press conference on Thursday and the Non Farm Payrolls on Friday. A break under 1.30 could be critical and we could see EURUSD             back under 1.29, while a break above 1.32 would gather more buyers that will push the price back to 1.34. On the technical part we can see almost a perfect symmetry between the 2 corrections. As long as we have HH and HL the trend could still be up.
Predictia pe care ai facut-o se bazeaza cumva pe teoria lui Elliot?
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Razvan georgechiriac
No, it was only price action. Sorry for the late answer.
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