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Eur/Usd: Daily Chart Review

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Sep 28 2010

Since the Eur/Usd moved through an important 1.3333 August top has become clear that bulls from 1.1787 low are still underway and will reach much higher levels over the coming days, weeks. Wave (NYSE:C) or even powerful wave (3) is in progress now, towards the 1.3800-1.4000 region, where a current leg would be equal to wave (NYSE:A)/(1) distance measured from a wave (NYSE:B)/(2) low.

Eur/Usd Daily chart:



Disclosure: Hold Long Euro