EURUSD. Possible map. Second leg of a pullback
I think that current pullback is still in progress.
The wave C is pending and here I would like to focus your attention on the yellow trendline,
which acted as a support and now turned to be a resistance.
The wave A of a pullback reversed right at the trendline.
So the wave C could also retest this trendline and hit between 61.8 and 78.6 Fibonacci retracement
After completing the whole pullback there is a chance for EURUSD to dip down to 1.08 area to finish the large retracement.
The wave C is pending and here I would like to focus your attention on the yellow trendline,
which acted as a support and now turned to be a resistance.
The wave A of a pullback reversed right at the trendline.
So the wave C could also retest this trendline and hit between 61.8 and 78.6 Fibonacci retracement
After completing the whole pullback there is a chance for EURUSD to dip down to 1.08 area to finish the large retracement.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.