Monday, April 8, 2013

EUR/USD ~ Elliott Wave Count ~ 8 April 2013

The EUR/USD is back at 1.30 after almost touching the support level around 1.27:

Once the orange trend line at 1.30ish is breached, we should see a rally to 1.315ish or even 1.33ish.

I think the motive wave from 1.37 ended at 1.27 last week and we should now see a rally to aforementioned levels:

(previous count)