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Eur/Usd In A Recovery ModeTop ↑  July 20 2011 Eur/Usd has recovered nicely from the 1.3836 lows, in impulsive formation towards 1.4282 region, which we know should be start of a new trend as Elliott Wave theory suggests. Even a recovery in this week from 1.4014 looks promising as a decline from previous resistance showed corrective qualities. As such, wave (2) may have already hit a bottom and in such case, price should rise in the week ahead up above 1.4282 and then towards 1.44 trend line resistance.  Do you like analysis you see here? Check our full service package here. Price: just 45€ per month or 110€ per 3-months.
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Any reviews, news, analysis, prices or other information contained on our website is provided as general market commentary and delivered electronically through distribution channel to larger number of clients, therefore does not constitute investment advice or investment research. We are not trading advisors. Most of our work is for educational purposes only, with information based on Elliott Wave theory in real time.
Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.
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