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Manu76
Jul 11, 2017 6:56 PM

my thoughts 

Euro / U.S. DollarFOREX.com

Description

Actual expectations on the chart

Order cancelled

I just saw a weak move to the upside. This is a fail. This invalidates the prediction above and a drop down inside of the green box is almost sure before the next attempt to rise. It's not sure if this rise will succeed. If things go like I explain here, if the next attempt to rise fails then a drop down below the green box is possible. I don't think the pair will fail and break below the line with dots (see the red arrow). Not yet.

Comment

The pair is drawing a rising wedge.
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