then 14400 will be the next area of interest...
(Yes, i got stopped by this bullish price action at 14040...)
that will probably mean that the decline from 14280 was an X wave and now the A=C level will probably be the next mid term bull target... but all these will take place IF the EURUSD continues climbing, 'cos based on sentiment measures we are very near USD's bottom so acceleration to the downside for the eurodollar could happen any time...
ps: at 14400 level Y = 61,8% of W as well... too many fibonacci levels meet at that area... and price is still climbing....
(Yes, i got stopped by this bullish price action at 14040...)
that will probably mean that the decline from 14280 was an X wave and now the A=C level will probably be the next mid term bull target... but all these will take place IF the EURUSD continues climbing, 'cos based on sentiment measures we are very near USD's bottom so acceleration to the downside for the eurodollar could happen any time...
ps: at 14400 level Y = 61,8% of W as well... too many fibonacci levels meet at that area... and price is still climbing....
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