1. Hello Guest Click here to check FX Binary Point Financial Directory

EURUSD : Bearish Waves In Play

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 27, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    Finally, EURUSD weakness is here; pair fell sharply last week through 1.1300 level and even finished trading on Friday beneath 1.1081 which was our minimum objective target. But because of very strong downside momentum with impulsive price action we think that pair will fall much deeper. As such, any bounce in the meantime, will be corrective. First one may already occur this week with wave 4 retracement back to around 1.1080-1.1130 resistance from where we would expect more downside. Generally

    Continue reading...

Share This Page