Posts Tagged ‘Pattern’
Euro Drop Below 13390 Turns Short Term Pattern Bearish
The EURUSD drop below 13390 makes the rally from 13266 a definitive 3 wave structure, which is bearish going forward.
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Euro Pattern Clear; Short Term Resistance is Well Defined
EURUSD expectations are for a small 2nd wave to bring price back to 13640-13700 either today (Friday) or Monday. A rally presents an opportunity to short against the larger 4th wave high in anticipation of a break to a 2010 low.
View full post on DailyFX Technical Analysis – Candlesticks