The EUR/USD made a deep bearish retracement but eventually price did show a large 400 pip bullish bounce at the 100% Fibonacci level taking price from 1.0825 to 1.1225. A bullish continuation could see price expand towards the waves Y.
The EUR/USD bounced at the 50% Fibonacci retracement, which could be part of wave X (blue). A bullish continuation could see price expand towards Waves Y.
1 hour
A break below the dark green line could indicate a continuation of Wave X (blue). If price stays
The EUR/USD completed a shallow ABC zigzag (green). Price has broken below the support trend line (dotted green) in the meantime. For the moment it seems most likely that price will bounce at one of the Fibonacci levels as part of wave X (blue) for a corre
The EURUSD is building a bearish zigzag in a bullish ABC, the GBPUSD has hit a strong confluence of resistance, the AUDUSD broke the triangle bullishly and the USDJPY still remains in the contracting triangle.