Euro Meets Initial Resistance
60 Minute Bars
Prepared by Jamie Saettele
As mentioned yesterday, “a pop above 13627 would probably complete a flat (resistance would be 13678).” The EURUSD has exceeded 13627 and focus is now on 13678 (post NFP spike), 13702 (50% retracement) and 13739 (61.8%). Once this small upward correction is complete, the EURUSD is expected to collapse in a powerful 3rd wave decline. It should be worth the wait.
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