$EURUSD working on a possible 5 wave decline

EURUSD is getting close to 1.618 ext of 1.3893 – 1.3727 drop which should ideally complete wave (( iii )) down. Alternatively, pair is already in wave (( iv )). While below 1.3694 (50 fib), expect at least 1 more leg down in the pair to complete a 5 wave structure

[jwplayer mediaid=”146150″]

Back

Subscribe to our Forex Blog

First Name: *
Last Name: *
Your Email Address: *