EURUSD- The Rise in EU@1.1335 is little Choppy ( So be careful)?

18 באוג׳ 2016

The rise in EU is very choppy- we need to be careful as EU travelling in the zone 1.1330-1.1350 looks to complete complex pattern W-X-Y. Where Y-Wave is hovering in that zone in a choppy manner- whenever this happens- one has to be careful because once bears get into action-they will stop oxygen to bulls.

Going Below 1.1240- It will confirm that EU is falling down..

Regards,
Abhishek H.Singh, CMT