EURUSD Wave B lower towards 1.1500

2018年9月27日

The EURUSD failed to push above 1.1815/20 levels yesterday and is now looking to print lower lows towards potential support at 1.1500 levels, short term. Please note that we had changed our stand from bullish to neutral last week, in anticipation of a sharp bearish short term reversal. The move might be materializing now and a 5 waves drop could be expected lower. Looking into the wave counts again, please note that the medium term structure remains bullish , but maybe after this leg is over. The wave counts are suggesting that EURUSD -0.30% could find potential support towards 1.1500/25 levels.


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