FX:EURUSD 4-hour chart suggests that we are currently in a bearish wave pattern, which is expected to persist into early next week. The progression is as follows: • The first wave has already started and is targeting the 1.04678 range (2nd wave). • A deeper decline is anticipated for the 3rd wave, reaching around 1.03123. • A corrective bounce may occur in...
Paramount excitement . Lots of strong supports . I have the MACD giving momentum , PEG ratio has dropped , Ichimoku cloud still gives a lot of room for more bottom but Tenkin -sen has moved through the kijun-sen that can shrink the cloud .