The EUR/USD bullish run has respected the long-term 38.2% Fibonacci retracement level of wave 4 (blue). The wave 5 could therefore turn out to be relatively choppy price movement as price retests a strong resistance zone.
A deeper bearish retracemen
...The EUR/USD bullish run has respected the long-term 38.2% Fibonacci retracement level of wave 4 (blue). The wave 5 could therefore turn out to be relatively choppy price movement as price retests a strong resistance zone.
A deeper bearish retracemen
...The EUR/USD momentum burst has moved price up to the long-term 38.2% Fibonacci retracement level of wave 4 (blue). A bearish turn around for a blue wave 5 could potentially occur anywhere between 1.17 and 1.18, which is a strong resistance zone.
The
...The EUR/USD momentum burst has moved price up to the long-term 38.2% Fibonacci retracement level of wave 4 (blue). A bearish turn around for a blue wave 5 could potentially occur anywhere between 1.17 and 1.18, which is a strong resistance zone.
The
...The EUR/USD acceleration was a tremendous market movement which was also seen in other financial instruments across the globe. The peak is most likely a wave 3 (green) of a wave A (blue) or alternatively a wave C.
The strongest and most impulsive pr
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