Hi traders,
the EUR/USD is testing the decision zone around the 144 ema close. A bullish break above the resistance trend line could confirm the potential impulsive waves 3 (pink/purple).
The EUR/USD is in an uptrend after price confirmed a higher high but the bullish price action could prove to be a bullish pullback if price manages to break below the support trend lines (blue) and previous bottom (100% Fibonacci level).
For more daily wave analysis and updates, sign-up up to our ecs.LIVE channel.
Good trading, Chris Svorcik
Leave a Reply