Accordingly to the latest bloomberg report, Europe will bail Greece out and that is a massive boost for EURUSD.
I am hoping for a retrace to atleast 1.3850-80 before any further development on fundamental front.
Cheers
I am hoping for a retrace to atleast 1.3850-80 before any further development on fundamental front.
Cheers
DislikedAlthough E/U price went to 40 pips of my SL at 1.3550 on fri ,I still think a correction of this ab=cd pattern is due this week,
I looked over the proportion of ab=cd and I notice I made a mistake on locating the D point , now with use of Fibonacci projection of 100% the D point is located at 1.3600 not the previous 1.3750 ,
- LONG E/U at current level, SL=1.3550 TP=TBDIgnored