Economic Calendar


Live Economic Calendar Powered by the Forex Trading Portal Forexpros.com

Currency Strenght

Tuesday, 29 April 2014

EURAUD

 After longer consolidation in the this pair from dec 2013 to March 2012
This pair has broken lower forming a 5 wave structure down in 3 and has now push up into its fourth Wave @ 1.5086. Considering wave four cannot return back into wave 1 @ 12/02/2014 else trade is invalid

Currently trading @ 150003 just above the weekly pivot @ 1.49963
Elwave projection 5th wave down towards 1.4521
Break below this Level 1st target scalp 1.4958

No comments:

Post a Comment