Thursday, October 21, 2010

10/21/10 EUR/USD Update

EUR/USD looks (it's early) like it may be moving towards forming a wave 4 triangle as well. It's starting to sport three-wave structures in addition to the fact that it is following a third wave up.

A good target is the top of the channel at 1.45. We'll see how this plays out.
blog comments powered by Disqus