I see the current price action as a correction. After this correction is over price will drop again for wave C.
Based on the regression analysis of EURUSD to the Dollar index on a daily timeframe . 85% of the move in EURUSD is explained by the movement of the Dollar Index .
Dollar index just got out of a correction. Price will now head higher. This will make EURUSD drop.
NOTE: This is not an investment/trading advice. DYOR (Do your own research).... Happy pipping Pips. :)
Based on the regression analysis of EURUSD to the Dollar index on a daily timeframe . 85% of the move in EURUSD is explained by the movement of the Dollar Index .
Dollar index just got out of a correction. Price will now head higher. This will make EURUSD drop.
NOTE: This is not an investment/trading advice. DYOR (Do your own research).... Happy pipping Pips. :)