![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgaCTe7Iq3UVANtdBb037xUIZAj0OsV6DamMKpq5mUu5TgLpX9wWyhwJ-dGlDyQLGKIzwxiYrKxChaYJ2GlGA-nbLch2i237UvTl1LfR5raPqvcpmLtCFFr0u76D-u1KteiZAZV_mV7Wppl/s400/image003.gif)
The wave (ii) correction became even more complex than first anticipated, but it doesn't alter the fact, that it is a correction. I'm still looking for strong resistance at 140.06 to break for a move towards 141.12.
The risk is a break below the 138.52 - 138.63 area, which would add credence to the bearish case.
If USD/CHF is any guidance (I think it is), then we should see EUR/USD move higher.
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