NZD ... it looks like it's going to fall to strong support ???
EURO will fall ??? ... and a lot - the euro is a rejected currency ... with little interest ... the dollar ... with a lot of demand ... which is a very attractive currency ... it pays 2.5% interest ... strong and safe ... and always to climb up
Long - maybe the fifth leg is still missing.
EUR/USD ...the background is always tricky to break !!! . if the dollar complicates, the euro will certainly go to the top ???
GBP/USD ...is falling well ... sure that goes to the bottom of the channel ??
- broke the bottom of the channel ---- Retry the broken line - it looks like it will drop to 61.8 FIBO ---- - the EUR is under pressure with what is happening in Spain and Alelanha and will go down
Broke the red trend line ... broke the bottom of the channel ... maybe fall to 61.8 FIBO - 1º TP
- Already climbed a lot ... now maybe go to the bottom of the channel ... and maybe later make the top of the channel ( in red )
Maybe it's forming head & shoulders it seems to me that it is still going to rise ... until 0.50 FIBO - to fall to the bottom of the channel
When on the support ( 1.075 ) go LONG ON THE SUPPORT still the top channel.
EUR / USD will long but first will fall to the channel support at (1.075) ???
eur / usd will Long now or later !!! wait for break up
EUR/USD It is on the support It is good to go LONG
wait for break out EUR / AUD will fall now or later