EURUSD

11 thg 9, 2014

recent divergence of both MACD and RSI suggest we are into the corrective phase. In the ST it appears we are in the III wave of the a correction. Can see this topping out close to the 1.2983 level or the higher 1.3035 level. From there the corrective B wave and C wave should follow. The c wave should see a retrenchment to either 1.3035 or 1.3133