The EUR/USD continues to move sideways in a contracting triangle chart pattern. A break below the bottom of wave X (blue) invalidates the current wave count. A break above resistance (orange) could see the start of wave C (green).
The EUR/USD continues with building a contracting triangle after strong bullish momentum last week. Price has stopped at the 38.2% Fibonacci and could the same with other retracement levels. A break below the bottom of wave X (blue) invalidates the current
Weekly video recap with focus on the EURUSD and its 400 pips rally of last week, the GBPUSD bullish channel, the USDJPY triangle and AUDUSD break above bull target.
The EUR/USD is building a smaller contracting triangle after showing a 400 pip bullish bounce. The bullish momentum could see price expand towards the waves Y.
1 hour
The EUR/USD seems to be building an ABC bullish zigzag (green). Price respected the 38.2%