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EUR/USD - Part 1 (Outlook)

Posted on September 18, 2009 at 1:57 in Uncategorized by Ross Yamashita

Greetings.

The EUR/USD is still showing signs of bullish sentiment - however, we may potentially see some short term selling action in the last trading day of the week.

Look for some short selling - potentially to the 1.4660 - 1.4640 area. Once the short term selling is complete, look for a continuation of the longer term up trend.

We’re going to split our entry into 2 parts today. If you’re interested, we’ll upload some analysis on what to potentially look for in real time.

Tags: Currency Trading, Elliott Wave, EURUSD, Forex, FX, Pro Pipper Trading, Ross Yamashita

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