I'm not quite sure whether the motive wave finished last Tuesday. Since there is some strong support around 1.27 (http://www.wavaholic.com/2013/03/eurusd-4-march-2013.html) I think a decline to that level is likely before we get a bigger rally.
Sunday, March 24, 2013
EUR/USD ~ Elliott Wave Count ~ 24 March 2013
Here is the short-term count for the EUR/USD:
I'm not quite sure whether the motive wave finished last Tuesday. Since there is some strong support around 1.27 (http://www.wavaholic.com/2013/03/eurusd-4-march-2013.html) I think a decline to that level is likely before we get a bigger rally.
I'm not quite sure whether the motive wave finished last Tuesday. Since there is some strong support around 1.27 (http://www.wavaholic.com/2013/03/eurusd-4-march-2013.html) I think a decline to that level is likely before we get a bigger rally.
