The overall view is unchanged that a new impulsive decline is unfolding as long as important resistance at 1.3739 isn't broken. Short term resistance at 1.3683 needs to protect the upside for a break below 1.3599 and more importantly a break below support at 1.3552 that confirms acceleration lower towards at least 134.37 and likely even lower towards 1.3225.
Dear EWS,
ReplyDeleteI regularly watch and assess your analyses. I must say you do a great work!
I see this ST pattern regarding EURUSD:
https://www.tradingview.com/x/kZFMRi1N/
Hi Christopher,
DeleteThank you very much. It's much appriciated.
I think you have a valid count. I myself is swinging towards this option too.
I think you should stay with your count and enjoy the ride.
Kind regards
EWS