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

FX:EURUSD   Euro / U.S. Dollar
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"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
Thanks performed well
+1 Reply
ersoytoptas AntonLarin
Thanks mr. , but I never thought much up :)
+1 Reply
very good points...thanks ...
+2 Reply
Thank you very much sir.
+1 Reply
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