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U.S. Dollar an Euro Make Pivots

Currencies / Forex Trading Mar 22, 2012 - 06:19 AM GMT

By: Submissions

Currencies

Best Financial Markets Analysis ArticleMarc Horn writes: US$ and Euro make pivots H2 and H-2 respectively. Expect some action over the next few days!
The DX MAP wave count is H2 of 4H5 of D4 of W-5 of M-3.


Pivot H2 was confirmed this morning and I expect a rise to over 81 to pivot H3.

The current MAP wave count for the Euro is H-2 of 4H -3 of D-3 of W-5 of M-1

Pivot H2 was confirmed this morning and I expect a drop to below 130 for pivot H-3

With a MAP wave count of two consecutive 2's i.e. wave 3, often rapid big moves occur.

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