Translate

Friday, February 18, 2011

EUR/USD - Wave (ii) target fulfiled

Wave (ii) target is now fulfiled with the 136.28 test overnight. A brrak below 135.75 would be first signal that the top is in place, while a break below 135.33 will confirm a new test of the important support at 134.58, which needs to be broken to confirm that wave (iii) down towards 131.11 has begun.

A clear break above 136.28 would concern while a break above 136.77 will confirm a new test of 137.44 and call for a much higher rally.

No comments:

Post a Comment