Euro recovery continues...
Updated
=> A rather talkative ECB today kept Euro in bid with the end of QE being the main focus.
=> Here we are expecting a break to the upside of the recent base formation with a test of the 1.185x giving bulls a lot more confidence going into 2019.
=> For those into Elliot-wave we have started a recovery after the fifth wave with out initial target at the highs in wave four.
=> To the upside the levels to track at 1.175 and 1.1690x and for those interested in the sell-side support comes in at 1.14xx and 1.132x
=> Good luck all
=> Here we are expecting a break to the upside of the recent base formation with a test of the 1.185x giving bulls a lot more confidence going into 2019.
=> For those into Elliot-wave we have started a recovery after the fifth wave with out initial target at the highs in wave four.
=> To the upside the levels to track at 1.175 and 1.1690x and for those interested in the sell-side support comes in at 1.14xx and 1.132x
=> Good luck all
Note
Initial targets hit at 1.180x and closing the remainder here ahead of FED hikes tomorrow... well done to everyone who made their slice of the pie hereTrade closed: target reached
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