PooyaSalehipour

Euro must hit the trend line

FX:EURUSD   ユーロ/米ドル
44
As you know, on 05/27/2015 a strong support formed at the second bottom we have seen a strong reaction. Using two forks previous point that hit the trend line and the first part of the middle fork and it is proven. If we look at the exact angle of the three waves of the third wave hitting the end of the fork and the trend line is obtained. Almost decisively deal with certain 1.10775 price.

There probably after hitting 1.10775 the downward trend to hit the 1.08 support point and the third bottom is built there and the price is extreme to the point of 1.14

There is another scenario that is already supported the 1.08 reject and to reflect the loss is 1.05225.

Kind Regards,
Pooya Salehipour

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