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CURRENT MARKET TREND: Up 5/27/16 @ 2090
Stop-loss 2026






Thursday, September 5, 2013

EUR/USD

Draghi gave me some nice profits this morning when he just announced that they considered a rate cut at yesterdays meeting. Thank you Mr. Draghi. But we were short off the wave 4 prior to the announcement so were able to book a quick profit. EUR/USD is coming down to the fib support zone near 1.30800-1.30900 before it bounces in what I believe will be a wave 2 of A. I'll be looking to reshort EUR/USD in the coming days.

Chart:


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