FX.co ★ Wave Analysis of the EUR/USD for November 10, 2010

Yesterday the EUR/USD continued the downtrend dynamically after not less dynamic formation of the 4th wave of the current downward trend area. In such a way, at present moment the Euro drop moves within the 5th wave in the future 1st wave (or a) the future continuous down-directed correction. Amid this overcoming the predicted level 1,3815 opens the way to the next mark 1.3730 or even to 1,3585.