The EUR/USD retraced back to the 38.2% Fibonacci level, which caused price to pause. A break down could see price fall deeper towards the 50% and 61.8% Fibonacci levels. A break up could price retest the resistance levels. A break below the support trend l
...The EUR/USD broke the bullish trend channel (dark blue), which could indicate a larger correction back to the support trend line (green) via WXY (blue). A break below the support trend line (green) confirms the completion of wave 4 (blue) whereas a bounce
...EURUSD is showing bearish momentum but various support levels could turn price action into bullish, GBPUSD is showing a sideways channel with break potential, USDJPY is hooking back to broken support and the AUDUSD is a choppy sideways mess.
...The EUR/USD is in a bullish trend channel (dark blue) within a larger wave 4 (blue) correction.
A break below the 100% Fibonacci level invalidates the current wave count. A break above resistance (orange) could see price complete the ABC (orange) zi
...The EUR/USD respected the resistance trend line (orange) and is forming a minor rising wedge chart pattern (orange/green). Price still has some space left before it hits major horizontal resistance (red).
The EUR/USD seems to be building an ABC bull
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