FX Trading UPDATE  -  August 2nd

EUR/USD has been correcting as anticipated and I am still looking for this to extend toward my 1.2190/1.2165 Target before exhaustion; to herald the resumption of Uptrend. The Elliott wave count supporting this analysis is shown in the chart below.

This forecast, together with JPY, CHF, GBP, AUD and NZD (plus a “Trade of the Day”) will be updated in my FX forecasting service, emailed each day to subscribers. For a three week trial contact TRL@clear.net.nz

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damage that may result, directly or indirectly, from any forecast, comment or opinion, information or omission, whether negligent or otherwise, within this report.