The EUR/USD has broken below the support trend line (blue) and is in a bearish zigzag (indicated by the purple ABC).
The EUR/USD is moving lower in a downtrend channel as part of wave C (purple).
The GBP/USD broke below the support tr
...US Dollar broke resistance and seems set on continuing with zigzag momentum.
The EUR/USD has broken below the support trend line (blue) and is in a bearish zigzag (indicated by the purple ABC).
EUR/USD broke the smaller 1 hour bear flag (green) to complete wave B (purple) and start wave C (purple).
The GBP/US
...The EUR/USD bearish momentum was strong but price is currently unable to break below the support trend line (blue). This could mean that the wave B (green) has been completed OR that a bearish correction will bring price lower via an ABC (purple). Monday'
...The EUR/USD made a drop to lower levels after the break of support (light blue). Both the 38.2% at 1.11 and the 50% Fib at 1.10 are potential support levels.
The strong bearish impulse on EUR/USD seems to consist of an internal 5 wave within wave 3
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