The EUR/USD did not break the support trend line (green) and is therefore still in a wave 2 (purple) retracement unless price breaks below the support (green) or above the 100% Fibonacci level and resistance (orange), which invalidates the wave 1-2
...The EUR/USD seems to have completed 5 bearish waves (purple), which have been marked as a wave 1 (purple). A wave 2 (purple) is expected and price can retest the Fibonacci levels of '2 vs 1'. A break above the 100% level invalidates the current wav
...The EUR/USD is slowly breaking the support trend line (dotted green) but it still has to break below horizontal support at 1.10 before a wave 3 (brown) seems likely.
The EUR/USD is completing a bearish 5 wave (green) after breaking
...The EUR/USD is indeed using the support (green/Fib) for a bullish bounce and continuation within wave 2 (brown). The wave 2 (brown) becomes invalidated if price manages to break above the top at 1.1425 whereas wave 3 (green) could start if price ma
...The EUR/USD made a bearish bounce and turn at the resistance trend line (orange). Price action has fallen towards the 78.6% Fibonacci level of wave X (blue) and seems to be using it as support for a continuation of wave 2 (brown). The wave 2 (brown
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