Τρίτη 5 Ιουλίου 2011

D leg is finished and E leg has already begun

We were right so far as EURUSD printed a high at 14577 near our 14560 target...  It seems that for the next few weeks price will be ranging in an attempt to form the final E leg which should finish the triangle before the final thrust above May's high... target for this E leg is anywhere between 14125 - 14385 area...
but for the near term in the next sessions we should see a corrective upwards movement to finish the 2nd or B wave as 5 waves down look complete or near completion...



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