EURUSD before the decrease of 5.25%. STOP level above 1.5011. You should look for a short entry in the exchange rate. Level 1.5011 can be tested. If you have a moment with a candle, you should throw the strategy away. If the current strategy proves to be correct, then the exchange rate may be in front of a larger triple wave. It is assumed that the second wave of the yellow fractal wave will be. The first goal of this decline would be 1.1116 usd. From the current level, the exchange rate can be reduced by 5.25%. This can cost 1.0899 usd. The price of this goal is the level of GAP left in the past. Which has not been tested back.
This is an important analysis. Based on the evidence from much collateral study, I agree with it. Both the US-Dollar and the EURO are expected to do strange things in the next few months. Of greater probability is decline of the strength of the EURO itself as the EU falls apart (based on a lot of macroeconomic data). The US-Dollar is still the 'new gold standard' as is likely to command more strength especially if global financial crisis emerges. So I'm with you on the ration EURUSD heading south in that stepwise manner.
meszaros
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@Captain_Walker, Thank you very much. I am very pleased with this. And with your comment I agree. In gold, I expect a higher rise. The other raw materials. I would expect the oil to be much higher.