Euro / U.S. DollarUpdated EURUSD LT View April 2017
Complex Wave 4 - who could have thought:)
Note
Target for this is 200 wma which is in the 1 and high teensNote
Solid green candle above 55 wma. EUR could be in Wave 3 now in the final Wave C on the assumed flatNote
Very nice green weekly candle closing above the 55 wma. Working well thisNote
Net spec positioning has z score of >2, multiyear net long. So very soon EUR will reverse for a pullback, probably around 1.13
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.