Just like Cable, Euro also started its gains against US Dollar from the start of the new millenium. Currently, the pair unfold exactly the same pattern like GBPUSD, where Euro are currently in the 3rd Wave of the larger degree.
4 Hours Chart
At 4-Hours Chart, the pair look synchronized with the weekly one. Currently, the pair rests at 1.4134 area. Euro rallied two ways upon the released data of Non Farm Payroll on Friday, completing the Wave [ IV ] of the larger degree. However, we still don't know, whether the pair has really completed the Wave [ IV ], or it will continue the corrective moves.*Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.
THESE SIGNALS/ ANALYSIS ARE PURE FROM OUR TEAM. PLEASE APPRECIATE OUR HARD WORK AND DON'T BE A COPYCAT.
Elite Bisnes Team
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