New York time: 00:00:00
Local time: 00:00:00
Newsletter RSS 

Eur/Usd Intra-day: Top in place at 1.2917


Elliott Wave Service          Twitter         Facebook         Subscribe to our newsletter

Sep 07 2010 03:55 EDT

Temporary top is in place as the prices fell sharply during the Asian session, driven by lower stock market. We can count clear five waves down from the 1.2917 top, which means that this decline is a part of some larger bearish structure. Any three wave upward, corrective bounce from today’s low, which will appear in the very near-term, should be a short opportunity from a wave (ii) top. Weakness expected.

Eur/Usd 30min Chart:

Newsletter archive