ew-forecast

EURUSD : More Weakness Could Be Seen In Days Ahead

Short
FX:EURUSD   Euro / Dollaro
EURUSD fell with five waves from 1.1460 which is important bearish evidence for even weaker EUR in days ahead. The reason for bearish view is also a broken channel from 1.1084 which means that trend is down. That said, current rally from 1.1104 is probably just a correction within ongoing weakness; maybe it's even wave (2) so strong sell-off can be seen into wave (3) soon.

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