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Hello Traders,
After yesterday today was still possible to observe weakening of the USD against the EURO. As shown in the figure below may be formed a 3-th wave consisting of the waves formation ABCD. BC wave ended around 38.2% Fibonacci level of wave AB. The market came today to the 127% Fibonacci level of wave AB and fell. Expected to be completed in the vicinity of the CD wave 161.80% wave AB.
Best All and Good Luck!
After yesterday today was still possible to observe weakening of the USD against the EURO. As shown in the figure below may be formed a 3-th wave consisting of the waves formation ABCD. BC wave ended around 38.2% Fibonacci level of wave AB. The market came today to the 127% Fibonacci level of wave AB and fell. Expected to be completed in the vicinity of the CD wave 161.80% wave AB.
Best All and Good Luck!
