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hpis44

EURUSD IS SEEN TO BOUNCE BACK TO 1.2130 WHERE SELL ARISES AGAIN

Euro / U.S. Dollar (FX:EURUSD)  
hpis44  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns
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trendanalysis harmonicpatterns
Ater having a huge rally down from 1.2420 to 1.1960 Euro is seen to bounce back to 1.2130 (38% FIBO retracement), where I see a new trading possibility into selling down to 1.1970/25 area first and then possibly 1.1840 throughout the month (May).
Only penetrating the 1.2275 level cancels this view.
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