EUR/USD Signal - April 18, 2012

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By: Fadi Steitie

Currency: EUR/USD
Trend Expected Direction: Down.
Method: Elliott Waves and Fibonacci Trading.
Description: Larger (C) leg is expected to unfold upward Zigzag after a minor expanded flat ended at 1.30570 as shown on chart. This larger correction should end near 1.31800 in order to complete 100% of wave (A).
Trend Expected Direction: UP
Recommendation: BUY
Target Area: 1.31800
Stop Loss: 1.3000

EUR/USD Signal - April 18, 2012

Fadi Steitie is an entrepreneur, investor and professional Forex trader who shares Forex signals based on his keen understanding of the market. Fadi is an expert in Elliott wav principles and Ichimoku Kinko Hyo, and he is a managing partner in one of the leading organizations in protective coating in the Gulf region.

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