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Technical Analysis
Long-term and Short-term Setups
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[QUOTE="Tricia Wilson, post: 187370, member: 67905"] [B]EUR/USD Wave Analysis[/B] ~~ The counter had completed its long-term wave 4 with an ABC correction. ~~ It had bounced off from the lows strongly by crossing the resistance at 1.1706. ~~ Further, if the price sustains at a higher level for the day, it could be interpreted as a morning star formation. ~~ We expect the pair to race away to highs and complete the wave 5. [ATTACH type="full"]17194[/ATTACH] [/QUOTE]
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