Stock Market Analysis With The Elliott Wave Principle -Dow Jones, S&P 500, Russell 2000, Nasdaq and FX. All charts and commentary on this site are strictly the opinions of the author(s) and are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing. See disclaimer at the bottom of the page.
Friday, October 8, 2010
10/8/10 - EUR/USD 20 Year
This post is for you AS Arg. Back in June I think was the first time I posted a long term count on the pair.
I have updated it here for you and cleaned it up a little. I think the count matches up with yours except for the fact that I count the c leg complete on the pullback at 1.1874.
Notice MACD on the monthly above? It looks bullish and may fit with the daily's new impulse up and push towards 1.50 or at least push wave 3/c towards 1.50.