If your like me, you have been longing this pair to hell and back with nothing more then a kick in the man veg to show for it. As it stands all harmonic patterns have failed up until this point, as price drove down through the Christmas period.
All we have left is the AB=CD patterns to state that this drive is not over extended. Price is sitting tat the 1.27...
The euro has broken lower and looking back on the higher time frames, its clear that sentiment is still short for this pair. The 1.35600 level has already been retested but this would be an ideal area to get back into or add to short positions. Monday could see a range form between the 1.34600 to the 1.35600. If this sucks in too many short positions, there could...
