Cluster of 4 Fibonacci Relationships to Mark TOP of USDEUR 2Circ
Updated
Final minor 5th sub wave of 5 wave advance (C) of 2 Circle meets .618 retracement of 1 Circle at .9894
(C) equals 1.618 (A) of 2 Circle at 1.0094
5 of (C) equals 1.618 of 1 of (C) at 1.0038
Final minor 5th wave of 5 of (C) equals 1st minor wave of 5 of (C) at .9787
So, more refined top target of 2 Circle between .9787 and 1.0094 and then 3 Circle crashes to WELL below .6231
No one expects this to happen...which is one reason why it will...driver will actually be massive DEflation in Europe causing hording of EUR...USD relative to EUR will fall
(C) equals 1.618 (A) of 2 Circle at 1.0094
5 of (C) equals 1.618 of 1 of (C) at 1.0038
Final minor 5th wave of 5 of (C) equals 1st minor wave of 5 of (C) at .9787
So, more refined top target of 2 Circle between .9787 and 1.0094 and then 3 Circle crashes to WELL below .6231
No one expects this to happen...which is one reason why it will...driver will actually be massive DEflation in Europe causing hording of EUR...USD relative to EUR will fall
Note
The 3 wave ABC correction appears to be at an end. I expect wave iii of 4 to begin tomorrow and rapidly approach .9787 before a minor correction in iv of 4 followed by the final thrust ending between .9797 and 1.0094.Afterward, the next major wave down should ensue taking USD EUR to new lows well below .62
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