Monday, May 2, 2011

Daily Forex Trading Strategy #EUR - Refining Euro Trend Structure

Forecasting shorter term Euro price moves is contingent on defining the expected trend structure or C wave from the 1.2870 base. As best we can tell we are only on the verge of finishing the third wave of the move from the interim 1.3425 low. That projects a push to 1.5000 and possibly 1.5140 before the market sets for an interim fourth wave and an exhaustive surge to an ideal 1.5275 target.

Read more ...

No comments:

Post a Comment