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EURUSD; 1.3300 In ViewTop ↑  Our Services Video Tour | Subscribe to our newsletter Aug 19 2014 EURUSD is trading sideways in 100 pip range which we see it as a pause within ongoing downtrend. Market never moves in straight line so corrections will always occur, and we believe that recent range is just one of them. We see pair that slowed down in fourth wave of an impulsive weakness. This fourth wave can form many different corrective patters but based on latest price action we see a good possibility for a triangle which is a continuation pattern so sooner or later market is expected to break down into fifth wave towards 1.3300 psychological level, or even to 1.3250. On the upside any rallies should be limited around 1.3410 or 1.3430.   Newsletter archive
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Trading forex, futures, options, stocks, cryptocurrenices or any another trading market carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information that we provide should not be relied upon as a substitute for extensive independent research before making your investment decisions. In no event will we be liable for any loss or damage on your account in connection with, the use of our products. For any real cash investments you have to contact your financial advisor.
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