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Author Topic: EUR/USD Alternate Wave Counts - Big Picture  (Read 5304 times)
pranjali
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« on: February 05, 2010, 11:01:48 am »
EUR/USD Alternate Wave Counts - Big Picture
         

The EUR/USD is declining past the swing projection, strengthening the bearish outlook further. The decline past 1.37 invalidates previous weekÂ’s wave count. Count 1: One count refers to the 2008-2009 decline as ABC correction, and the 2009 rally as wave I, while the late 2009-early 2010 decline as wave II....
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/eur%10usd-alternate-wave-counts-%11-big-picture-20100205106167/
         
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