Hi all,
I'd like to share with you my LT view on EURUSD
IMHO, this currency pair is in (e) wave of intermediate triangle Wave (B)
http://d.pr/i/ONFi - Weekly chart zoom-out
http://d.pr/i/zcd - Weekly chart zoom-in
http://d.pr/i/jxVw - Daily chart
IMO, EURUSD should be in a strong downleg toward 1.2500-1.2250, and would be bottoming around the end of 2013. Then it would make a strong rally toward 1.4000 (even 1.4500 in case USD getting smoked) to finish wave (e) of Intermediate triangle Wave (B) mentioned above. (See Weekly chart)
Please give your comment on this. Thank you.
Supaman_fx
Duc