Friday, December 5, 2008

Euro vs Usd 4H, Weekly & Monthly Market Overview


Chart 4H - Looking forward for a further uptrend to perform wave 3 in C to bolster the bullish reversal trend scenario. Please be careful for any breakout to the lower red critical lines.


Chart Weekly - Looking forward for a bullish retracement to complete major corrective wave b as long the lower red critical line remain intact.


Chart Monthly - I believed market will perform a bullish retracement to complete major corrective wave b before expecting a major bearish continuation to complete major corrective wave c later by 2016.

Good luck.

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