FX.co ★ EUR/USD wave analysis for February 18, 2011

Yesterday the EUR/USD currency pair was trading near the 36 figure, continuing to form an inner wave structure of the estimated upside correction. At the same time, given the correlation between its waves a and c we can suppose that targets for such growth might be located in the range between 1.3610 and 1.650, and further to 1.3700.