3:20 PM
Wave Analysis 12.03.2015
EUR USD, “Euro vs US Dollar”
Euro is about to finish a long extension inside wave iii of (v) of [iii], the price needs one more local low to complete it. One is also recommended to pay attention to an alternative scenario (colored in gray), which implies that the market has finished falling inside wave (v) of [iii] and may start quite a large correction.
So, probably wave [3] of iii of (v) has been completed and in the nearest future the market is expected to start a correction inside wave [4] of iii of (v).
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