The EUR/USD broke above the internal resistance (red) within a bigger wedge (brown/green) which could be explained by a WXY wave pattern (purple). The top of wedge (brown) could be a major resistance spot.
The EUR/USD managed to break above one of resistance trend lines (red) and could potentially move higher towards the Fibonacci targets of wave Y versus W.
1 hour
The EUR/USD bounced off the support (green) trend line for another bullish rally, which could
The EUR/USD moved up yesterday but turned around at the confluence of resistance (red trend line and 611.8% Fibonacci target). Price remains in a wedge with support (green) and resistance nearby.
1 hour
The EUR/USD completed an ABC (green) within wave Y (b