Euro Down to 1.15???

Euro Down to 1.15???
This is a good question, because the euro is moving inside an horizontal fluctuation bar, that can be appreciate in the weekly chart. The movement in 3 waves up and down, dont permit to the pair moves fluidity. An expanded flat correction is near to the end, and if it is correct, a new move down in five waves will take place.

Hmmm same exact post on the Oanda message board:

http://www2.oanda.com/cgi-bin/msgboa...;f=15;t=004689

Looks like the people over there have profited from doing the opposite what the poster predicts! Maybe this belongs in the classified ads section.

hahahaha, lol... spot on... spot on

The first wave down within a ((C)) leg is complete, being recovery at this moment by (ii) with a target between 0.5 and 0.382 fib zone.

http://www.torosyososfx.com.ar/psfree.htm

fundamentals might play a big role in this one as I read an entire country is going to dump our dollar in exchange for the Eur was it syria??? I dont read fundamentals much so.... but anyways theres the tid bit I know....

Mike...

When this happens, the usd pairs will already be in the trend to go, so the only effect (if you trade correctly) will be that you hit target faster.

Good luck boys.