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Thread: Elliot Wave Trading

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#26 (permalink)

06-01-2007, 09:34 AM

serhito

Member

Join Date: May 2007

Posts: 163

serhito is an unknown quantity at this point

Hi,

EURUSD is coming to an interesting area around 1.3360.
There is a long term up trendline, there will be the bottom of the down channel from the recent high at 1.3678. There is the 12/03/2006 high at 1.3367 and finally the 38.2 retracement from 1.2863 to 1.3678.
There should be quite a bit of support.
The only thing i still can't figure out, is a wave count on the EURUSD.
Anybody to help ?

Thanks.
Serge

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