EU has only a little bit more to go. Be careful and watch.
EU is near the top of its range between 1.05 and 1.14. It closed strong on Friday so we can expect a little more upside towards 1.13 and maybe beyond. However, the larger trend for EU is still bearish in nature. Thus, traders are advised to be careful as it approaches its peak. Let's watch to see if it breaks up or makes it way back down to continue its bearish trend.
Kommentar:
4hr chart.. possible wave 3 to around 1.618
Kommentar:
1st part done. Now for the rest.