Euro still under effect of Short-Run downtrend wave

Euro still under effect of Short-Run downtrend wave

Rami
03 (02) 2017 - 12:43 (GMT)
0

As we see over the chart , EURUSD still holding trades below Short-Run resistance, where as long as market holding below 1.0875 the downtrend wave will sustain toward 1.0500 and 1.0000

above 1.0875 this model will be corrupted, where market may initiate more advance wave with trading zone between 1.0650 and 1.1100 

 

EURUSD

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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