The EUR/USD remains in a corrective zone (trend lines) which is a contracting wedge chart pattern. 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 manages to break
...The EUR/USD bounced at the support trend line (green) one more time to expand the sizeable correction within wave Y (purple) of wave 2 (brown). The wave 2 (brown) becomes invalidated if price manages to break above the top at 1.1425 whereas wave 3
...The EUR/USD showed bullish intentions during yesterday's trading but was unable to break above resistance (yellow) and is now retesting support levels (green). This is part of a bigger correction of wave Y (purple) in wave 2 (brown) unless price br
...The EUR/USD is bouncing at the support levels (green) of the larger consolidation zone (orange/green). The correction is most likely part of a larger wave 2 (brown) via a WXY (purple). Price needs to break below the support (green lines) levels befo
...The EUR/USD still remains in a larger consolidation zone (orange/green) and a larger wave 2 (brown) correction seems to be taking place via a WXY (purple). Price needs to break below the support (green lines) levels before a wave 3 (green) continua
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