Saturday, 17 October 2015

EUR/USD lower from resistance, swift and extended decline beginning?

I haven't labelled the Elliott Waves, but EUR/USD looks to be beginning a third wave lower, could even be a third of a third. If either scenario ensues so we'll see a swift and extended decline. Happy to take that stance against last week's high. Big picture charts would also support the case but I'm feeling lazy with the posts today...

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