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Elliott Wave - Eur/Usd

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 27, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Euro is trading around the 1.3200 area after bouncing off the 1.2760 lows from Friday. The market is probably trading in a higher black wave B, as prices approach Fibonacci resistance area. Those traders that are not long should wait on any possible pull-backs to the blue trend line, which...

    complete article here...

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