EURUSD - Wave Analysis

EURUSD made a strong 5-Waved Impulse the last two weeks. Price gained more in two weeks than it lost in 8 months of correction.
The Indices fell hard and demand after cash is high. Just have a look at the YEN, a save haven for all Investors (especially from Asia)

With the GAP and the final push to the upside, the 5 Wave pattern is complete.

We should now see a correction to at least the 38% Fib Level, a deeper correction is possible, as wave 2 normally corrects pretty deep.

Be alert and protective at this curcial times of the market.



This is no Investment advice. Just for educational purpose!