The EUR/USD seems to be building a bearish correction as part of a wave X (blue). As long as price stays above the trend line support (green), then an expansion of a wave WXY (blue) seems the most likely scenario.
The EUR/USD seems to have completed
...This video reviews the GBPUSD trend and the potential zone of interest for a pullback, the USDJPY trend at daily support, the AUDUSD zigzag correction within the larger downtrend and EURUSD range and triangle.
The EUR/USD completed a bullish ABC (green) zigzag which pushed through resistance (orange) without breaking it. Price is now making a bearish correction but as long as price stays above the trend line support (green), then an expansion of a wave WXY (blue
...The EUR/USD showed a bearish bounce at the resistance trend line (orange) of the larger contracting triangle, which has been marked as multiple corrective waves.
The EUR/USD also bounced at the support trend line (green), which could be part of an A
...The EUR/USD is approaching a resistance trend line (orange) which could be considered a break or bounce spot. A bullish break could see price head higher to the next Fibonacci targets and resistance (red).
The EUR/USD did not break the bottom of wav
...