German DAX Suggests More EURUSD Weakness After The Pull-back
German DAX is in down-trend in this week same as EURUSD from Feb 13 high. Expecting on DAX; 3-wave retracement in wave (ii) ideally back to 7650/70.
DAX 30min
EURUSD
Three wave retracement in wave B back to 1.3400 should be interesting EURUSD 1h
EURUSD: Pull-back Within Corrective Decline(Elliott Wave Analysis)
Complex corrective decline from 1.3710 is incomplete and that market will make one more push down, towards 1.3250 in this week to complete wave C of a second zig-zag
GBPUSD : Strong Weakness Could Accelerate After 1.5267 Break(Elliott Wave Analysis)
Any pull-backs should prove corrective while price is trading below 1.5440.
On the weekly chart: price is well below 2009 support line Larger elliott wave count suggests that pair is at the start of big wave (C ) down.
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