You are here:

EUR/USD – Much more Upside potential ahead

EUR/USD – Much more Upside potential ahead

4 Years ago | August 24, 2015 00:00:00

The Euro has rallied nicely to multi-month Triangle resistance (refer Daily Chart below) and I am expecting this resistance to give-way; extending the Euro’s advance a lot further over coming days.

More specifically, from an Elliott Wave perspective, I am interpreting EUR/USD to be in minor 3rd Wave rally, with a mathematical upside target about the 1.1605 level.

Please login to read full story. Register if not a member.

Archives 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013
The message from the founder

Click Here

Review our featured articles

Click Here

The Latest Articles
  • ECB extends its Easy Money policy Until Mid-2020. U.S. Jobs data Weak. More ..
  • “Transitory” Replaces “Patience” The New Fed Keyword More ..
  • PMIs Can Be A key To Your Trading More ..
  • Preview: U.S. Jobs Report for March 2019 Data. Due 5 Apr 19 @ 12:30 GMT More ..
  • Brexit Nowhere Near A Solution? More ..