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Euro in 13235-13025 Range


akats

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I wrote yesterday that “the decline from the 1/27 high is left as a 3 wave decline…price pattern remains constructive…” There is no reason to go over all the possible wave counts from the low. Rather, the EURUSD is in a 13235-13025 range and a break will determine the next larger move. Exceeding 13235 shifts focus to the 50% retracement of the decline from the October high. A drop below 13025 would favor a move to 12875. Support tonight is 13090-13115.

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  • 1 month later...

I followed Euro rate too, followed that euro price also downward followed to last week. Though their ratio is little bit but downward mean tendency of upcoming problem. Hope that they should improve their trading level and gain some, by which their economy should rise. According to their last comparison it just dropped from 1.3240 to 1.3113. This time is the best for USD seller, so just search some buyer or broker then sale you units.

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