Translate

Friday, April 29, 2011

EUR/USD - Consolidating in a minor wave (iv) correction

The micro-count shows, that we currently is in a sub-wave (iv) correction (flat correction). The minor correction will most likely take us down just below 147.70 (bottom of minor wave a), before the next leg high is seen.
Ideally wave c of sub-wave (iv) will end at 147.67, followed by a quick break above 148.81.


No comments:

Post a Comment