Euro / Dólar AmericanoViés de alta
Are EURUSD Bears Overstaying There Welcome?
Well, it seems like EURSUD has found support and completed a 5-3 wave cycle with a leading diagonal in wave 1 and triple three corrective pattern in wave 2.
The corrective structure fits perfectly in a bearish channel and testing a previous bottom which is also a weekly support zone. The Price has the potential to move higher from or near the current level and travel at least the size of wave 1.
Entry Criteria:
The breach of the blue lines or the trend channel is conservative way to confirm the resumption of the uptrend.
Do you like this analysis? kindly let me know your view in the comment.
Thank you.
The corrective structure fits perfectly in a bearish channel and testing a previous bottom which is also a weekly support zone. The Price has the potential to move higher from or near the current level and travel at least the size of wave 1.
Entry Criteria:
The breach of the blue lines or the trend channel is conservative way to confirm the resumption of the uptrend.
Do you like this analysis? kindly let me know your view in the comment.
Thank you.
Aviso legal
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