4 hour EURUSD: the price action in response to the FOMC statement on Wednesday has created big bearish spikes on the USD. For the EURUSD this could suggest a bigger WAXY (orange) correction.
60 min EURUSD: the potential wave X (retracement) has reached the 78.6% of the F
EURUSD still remains in a downtrend despite the sideways consolidation of the wave 4 (green). A break on the lower time frames could indicate the begin of wave of wave 5 (green)
60 minutes
A break below the channel could indicate such a start of the wave 5 (gr