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Boring Triangle On EURUSDTop ↑ 
October 05 2016 EURUSD remains slow in contracting sideways price action which we see it as a triangle. Based on subwaves and time, we think breakout of a range may occur by the end of the year. Ideally it will be to the downside but would need to see broken wave D swing low to open door for much lower levels. Before market turns south, price may see 78.6% at 1.1400-1.1500.
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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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