Lemnos

EURUSD "Bad US Data's ; Wave Triggered the movement"

FX:EURUSD   Euro / U.S. Dollar
12
"Bad US Data's ; Wave Triggered the movement"
Well US data failed to stop the wave motion

EURUSD : Now , %236 level 1.06850 Above , EURUSD 1.08650
DXY : Now , %236 level 98.66 Below , DXY 96.85

*** But i still can not say EURUSD Up trend entry , Because technically there is a wave motion.
Wave(4) Motion of 1.09650 price level needs to be Terminated
***if the price level reaches the 1.10350 wave motion can be made then comments on trends UP

*** DXY could fall to 94.91 , Maybe 91.93 level , If the 91.93 price level starts to descend to the bottom then DXY Start Trend is down

conclusion : American Central Bank President "Yellen" , Make a Statement Regarding Interest Rate Increase in June,I do not think the level of prices by the end of May falls below 1.06300 or 1.05950

Best Regards
Ersoy Toptas

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