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Video Analysis On EURUSDTop ↑  Apr 04 2016 A sharp bounce above 1.1300 last week suggests that bulls can take EURUSD to higher levels and that big wave C within ongoing triangle is still in play. We see price currently trading around 1.1400 area so obviously leg up since March 10th is more complex and bigger. We see it as a zigzag that belongs to complex correction in blue wave C-circled that can stop at 1.1450-1.1500 area this week, where we would look for a bearish turn. Bearish cross and divergence on MACD also suggests that upside is limited. For more analysis check our service describtion HERE E 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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