We were expecting a move up last week and it did go up if you have taken the trade with us make sure you are on risk free trade at the moment, it needs to complete this corrective structure down and push up again to complete the structure.If you don't know how to trade this pair we recommend you to stay away since this is one of the most volatile pairs so risking big on this could be catastrophic.
Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.
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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...