The EUR/USD remains in a larger consolidation zone between various support (green) and resistance (orange) levels. The Fibonacci levels of waves X (purple and blue) could act as resistance. A break below support confirms the continuation of waves Y
...The EUR/USD is moving sideways in a larger consolidation zone between support (green) and resistance (orange). A break out below the support trend lines confirms the continuation of waves Y within wave d (green). The current Fibonacci levels should
...The EUR/USD is trying to break below the smaller contracting triangle chart pattern (red/green lines), which would confirm the development of multiple wave Y's within wave d (green). A break above the triangle indicates that wave X (blue) is still a
...The EUR/USD is building a small contracting triangle chart pattern, which is indicated by the support and resistance trend lines (red/green). A break below the triangle confirms the development of multiple wave Y's within wave d (green). A break ab
...The EUR/USD made a bearish turn at the 78.6% Fibonacci level of wave X (purple) and the resistance trend line (orange). This confirms the development of a wave X (purple) within wave d (green), unless price breaks above resistance, which would indi
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