Longer term view on EURUSD

1 thg 12, 2013

We can see 2 triangles that are potentially unfolding 2 bullish harmonic patterns likely ending in D point around 1.28766. This could happen in case A point won't be breached upside and C point is formed and steady around 1.37658. So in couple of next days we can see some price move upside while finding C point. Then price can experience decline down to D point around 1.28879.