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EURUSD: Waiting for the Euro to Give In

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Since our last weekly analysis, the euro has begun moving towards the downside as the main count expected, but price is yet to reach any of our confirmation/invalidation points or targets. The verdict is still out on what the market has in mind, which is why we’re not favoring either of this week’s two counts. However, both counts see that the euro is destined to fall some time in the near future. It seems only to be a matter of “when” it will give in. We’re updating our counts to reflect the

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