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harshjapee

EURUSD unfolding Wave C towards 1.14 and 1.1150

Short
Euro / Dollar Américain (FOREXCOM:EURUSD)  
harshjapee  
FOREXCOM:EURUSD   Euro / Dollar Américain
Trend Analysis Wave Analysis eueusd Technical Analysis
2
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trendanalysis waveanalysis eueusd technicalanalysis
EURUSD remains in control of bears and ideally prices stay below 1.1880 handle, going forward. A larger degree A-B-C seems to be underway towards 1.1400 at least that could extend through 1.1150/60 a well. It is pulling back to work through lower degree Wave 2 within Wave C and might find resistance through 1.1750/80 zone. Remains a good sell on rallies from here on.

Remain short, add more @ 1.1750/80, stop @ 1.1950, target is @ 1.1400 and 1.1100/50


Good luck!
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