Sunday, November 8, 2009

EURUSD 2009-11-09 Live Analysis

Let's review the price development of EURUSD for last week.  A bullish Gartley was formed and price surged and now resisted as shown on chart.


 





Looking at the coming week road map,  we are probably looking for point C of the bearish Gartley. i.e. Price may go down before coming up to re-test the highs again




Monday: 9th Nov, 12pm Update

previously, we were looking for a lower C, looks like this is what we have got


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