PRICE ACTION

PRICE ACTION

czwartek, 14 listopada 2013

#EURUSD b Wave Continues



EURUSD after breaking through 1.3450 to the upside is expected to continue correction that might reach even 1.3650. Yesterday night pair touched 38.2% @ 1.3497. If EURUSD breaks through 1.3500 it will be expected to reach 1.3570 (50% retracement of 1.3830-1.3295 drop). Take longs @ 13450 until they fail. Once this level is broken take a short on a retracement back to it.

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