The EUR/USD completed the wave C (blue) near the previous bottom (green) and made a rally up to the resistance trend line (red). A break above it would signal the continuation of wave 4 (blue) whereas a break below support could indicate the completion of
The EUR/USD was unable to break above resistance (red) and is correcting lower as part of a wave X (lavender) unless price manages to break below the main support level (green).
1 hour
The EUR/USD broke below the support trend line (green) as part of an im