This is our “every-Monday” report on EURUSD with a full vision over 3 timeframes.
4H CHART EXPLANATION
- Price is currently on a Wedge Pattern - ABCDE Elliot count completed (on Elliot wave theory this is a signal that the movement is completed)
Based on this, if price Breaks out the Wedge Pattern above 1.13400 we will be looking for long setups towards 1.15550, paying attention on the middle Support zone at 1.14500.
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