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AndyM

0.80 is 50% of the 14-year old top.

Short
Euro / Dollar Américain (FX:EURUSD)  
AndyM  
FX:EURUSD   Euro / Dollar Américain
Wave Analysis
4
0
waveanalysis
0.80 will be hit.

On July 15th, 2008 EURUSD reached 1.60. Looking at support/resistance structures below 1.00 I see that the most natural ending of the present downtrend is 50% of the 14 year old top.

The move should be really fast. 5-6 weeks.

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