Apple22
Short

EURUSD finnally shakes fibanacci's hand

FX:EURUSD   Euro Fx/U.S. Dollar
260 2 2
Basic Elliote wave
AB retraces on 0.382 Fib
and BC             pulls back to 1.271 Fib

I see a good potential of hitting 1.27 and possible 1.382 fib due to the fact of well respecting Fib ratios.
Good luck

IM TOTALLY AGREE WITH YOUR FORECAST AND IN ADDITION I WOULD CHOOSE 1.68 FIB AS MY TARGET LEVEL.
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Apple22 faizal.mansor.908
Yes I looked at 1.681 it is sitting on a very strong support line as well.
my plan is to add another entry on retracement .

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