Did Euro Form A Major Reversal At 1.3480?Top ↑ Our Services (Video Tour) Twitter Facebook Subscribe to our newsletter Mar 01 2012 Euro tested the weekly highs yesterday around 1.3480 before market reversed sharply lower during the US session. Notice that price broke through an importnat trend line of a wave C) advance, which suggest that at least temporary top is in place, where wave 5 was truncated. If we are correct, then of-course we now need impulsive larger five waves of decline, towards support channel line, which will confirm the larger bearish picture for the Eur/Usd. ![]() Newsletter archive
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