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Jan 23, 2019 4:39 PM

EURUSD Medium Term 2 Months Ahead Trading Idea 23 Jan '18 Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD projection for the next 2 months. At downside part of the channel EUR hit big support and activate buyers. Tomorrow is ECB rates decision and probably the European currency will continue to gain. USDJPY need correction to 108.00 levels, that indicates weaker U.S. dollar, not at all of course, but at this moment they are correlative. By Elliot waves in past 3-4 months present formation is really messy by x waves. At least we could expect C wave by 5 impulsive waves.
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