EURUSD Weekly Analysis

13 thg 8, 2015

Pair ranging in wave 4 Major on weekly chart. Now start forming of wave C of 4-th Corrective wave. We expect wave C to contents waves 5 Minor impulse waves. In next four-five months we expect sharky moves - many up downs and spikes and movement to finish in areas over 1.1700. Until March 2016 we expecting US interest rates to go up and that will be the start of wave 5 of Major C ending to area over 1.00. Trade only on big time frames where noise of the market is smaller.