Elliott wave Analysis of Euro EUR/USD 24 May 2010 update

10 May 2010

Wave analysis is as much a work of art as science! It is constantly a work in progress. Yet we can get some very useful clues by spending some time with the charts. Take the Euro for example. We are at sort of cross roads. Are we going to rally all the way to 1.3600, or are we going to fail around 1.2850 and come off towards 1.17? My guess is the latter. Take a look.

If you'd like to see how I work through EUR/USD in real depth, I cover this in Module 14 (EURUSD).


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