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EUR - April 5 , 2016 (EWI)

The [Euro] remains in the late stages of Minor wave C of Intermediate wave (B). Wave D, when it starts, will be a multi-week decline that draws prices to the 1.0720-1.0873 area. As noted, the key level for the wave (B) triangle is the 1.1712 high on August 24, which must remain intact in order for the triangle interpretation to remain intact.

Wednesday, 06 Apr, 2016 / 7:53

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Source : http://myforexforums.com/showthread.php/1335-EURUSD?p=22103&viewfull=1#post22103

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