- January 5, 2011
- Posted by: Ramki Ramakrishnan
- Category: Euro
For those looking for a short term outlook for the EUR/USD, here is the Elliott Wave analyst’s take on where we are likley to go in the next few sessions. The Euro is currently trading around 1.3220, after having come off a good distance from the 1.3430 highs. However, there is a low-risk trading opportunity near by. I expect that from between 1.3200 and 1.3180 the Euro will commence a nice rally back above 1.3300. So be prepared to take that trading window. Good luck.