<p>However, big wedge on the EURUSD may indicate a potential limited weakness in upcoming weeks, but we will need more aggressive and hawkish ECB tone for a bounce. By using Wavetraders website,
The Euro has initially tried to rally during early trading on Thursday, but it is becoming obvious that the market is getting a bit heavy and that it is ready to break down a bit.
Main scenario: consider long positions from corrections above the level of 1.0716 with a target of 1.1152 – 1.1274. Alternative scenario: breakout and consolidation below the level of 1.0716 will allo
Leave a Comment