It has been a while after I post my EURUSD analysis. Nevertheless, I was still following the pair but just didnt have the time to post everything up (need some rest time for myself, and I am sick ). Well, heres my chart.
I mentioned about the trend changing in EURUSD in a bigger perspective and, the finishing of wave 4 in the daily chart of EURUSD (http://tradingsniper1shot1kill.blogspot.sg/2012/12/eurusd-091212.html)
I have also mentioned about the corrective wave at dec 8. End up it was a quick 3 waves corrective wave and ended as a wave 2 ( refer to above). With that the EURUSD indeed rallied to 1.618 (about 1.3284) of the wave 2 extension estimate for wave 3.To me,this wave 3 might be extended, and last night's pull back might pull back nicely to 1.3144 region and after which continue its upward movement to complete wave 3.
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