Strike Analytics

EURINR

29 Sep 202005:43 AM

It is not easy to do the wave count for EURINR but it is worth waiting for the Euro to bottom out. Unlike the Euro, this pair's price chart shows overlapping waves forcing me to mark 1-2-1-2 over and over again. Now, will the 3rd wave up, start from here? Yesterday's low was 85.50 and from there we should first attempt to get back above the averages at 86.82, and once we close above that we have to go above the wave b high of 87.62

 

 

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