If not, then we may have a little more upside til it touches 14040 level before EURUSD crashes again...
That is if this counting is correct and we are about to enter a 3rd wave in multiple degrees decline... If so, then maybe we get a little spike up by the end of NY session today or monday to the aforementioned level before EURUSD falls out of bed again...
If it continues to climb then we should consider the possibility of breaking 14280 resistance to make new highs and complete the correction which started in June 2010... but I am fairly certain that this senario won't happen and price will fall from here in a 3rd wave pattern in multiple degrees... Sentiment is already too extreme against the US dollar...
That is if this counting is correct and we are about to enter a 3rd wave in multiple degrees decline... If so, then maybe we get a little spike up by the end of NY session today or monday to the aforementioned level before EURUSD falls out of bed again...
If it continues to climb then we should consider the possibility of breaking 14280 resistance to make new highs and complete the correction which started in June 2010... but I am fairly certain that this senario won't happen and price will fall from here in a 3rd wave pattern in multiple degrees... Sentiment is already too extreme against the US dollar...
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