General overview for 29/04/2014 09:00 CET
The upward wave progression has been finished with a little more extended wave iii black than I had previously thought. Nevertheless, the downside cycle might start very soon on this pair and a breakout below the old wave iv black low is the first confirmation that the top is in place. Support/Resistance:Trading recommendations:
Short positions should be open from the current price levels with SL above the level of 142.42 and TP below the level of 140.97 with a possible downside extension to the level of 140.00.