here i attach weekly chart to know the bigger view.Price start rally from 1.20++ zone and stop at 1.3710. a downside move till 1.27 zone look very impulsive.it consist 5wave down and already breakout the trendline(rally from 1.20++--------1.37++ zone) suggest the single currency bias is bearish.i view a bounce as corrective move(look 4h chart)know as expanded flat consist from 3,3,5 smaller wave (mark as a,b,c on 4h chart)should extent towards 1.3200---1.3250(50%--32% fib zone)where i think the …
Read full story
Translate to English Show original