DanV

EURUSD - Update

Short
FX:EURUSD   Euro / U.S. Dollar
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3
Following on from previous chart I posted, I still am not seeing new Impulsive move to the upside. What has taken place so far looks like retracement rally, which could top out around 1.2850 area and then turn down to retest low @ 1.2660 area or make new minor lower low to complete the Wave 4 down from years Sept high, which could be re-tested in Wave 5 up.

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closed on fail through after retest of the lower rising trendline in red.
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Thank You
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