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EURO CORRECTIVE PHASE STILL CONTINUES-ELLIOT WAVE ANALYSIS
Euro / U.S. Dollar
EURO CORRECTIVE PHASE STILL CONTINUES-ELLIOT WAVE ANALYSIS
By mamnunamalik
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Oct 20
1
Oct 20
Completing its bullish cycle on 14 July 2008, this pair still fails to make a reversal trend.
Its corrective phase is going on since then.
Currently it is forming the wave 'C' which will lead a downward impulse.
Selling opportunity after a pullback should be the focus point for the traders.
Wave Analysis
mamnunamalik
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