yesterday's comment[[[The pair is now formating an ascending zig-zag double at the moment.
This is a corrective one and onother decending wave of 100-120 pis is probable to follow.
But where this zig-zag can reach is depending from 1.3620-30.
This is a corrective one and onother decending wave of 100-120 pis is probable to follow.
But where this zig-zag can reach is depending from 1.3620-30.
But repeat it is a corrective formation with a lot of probabilities to follow a wave down.]]]
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This above is a column text from this link of yesterdays here:
http://dimigon-analysis.blogspot.com/2007/05/eurusd-hourly-chart-update_116.html
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This above is a column text from this link of yesterdays here:
http://dimigon-analysis.blogspot.com/2007/05/eurusd-hourly-chart-update_116.html
The value was in fact unable to overpass 1.3620-30 area making a high at 1.3622.
After breaking the zone 1.3585 is right now trading at the cementing point of 1.3550.
I make a post of daily chart in real time now showing the critical of that 1.3550 area.
More way down if broken.
Only regaining 1.3580-90 has new possibilities to be long again.
Press daily chart to enlarge.
Dimigon
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