Euro bounce could be wave 4 with further new lows - FXStreet

FXStreet (Barcelona) - In the FXStreet Live Analysis Room interview with Dale Pinkert, full time Financial Market Trader, blogger and entrepreneur Paul Bratby commented on the market reaction to last week's ECB monetary policy announcement and the US NFP numbers release.

Key quotes

“EUR/USD bounce could be a wave 4 followed by new lows.”

“However, the 1.3675 would negate that bearish count.”

European Monetary Union Sentix Investor Confidence below expectations (13.2) in June: Actual (8.5)

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EUR/GBP is crawling closer to 0.81

EUR/GBP started the day at 0.8116, and spent the Asian trades in coma showing no more than 10-pip move; it now slid to 0.8111.
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