As we suggested earlier the EUR/USD pair is currently forming a zig zag ABCDE corrective wave.
It can be also interpreted as symmetrical triangle pattern which is a continuation pattern.
Hence , we expect the pair to make a downside breakout and move towards the stronger support placed at 1.15100.
For further cues, follow our updates on premium analysis.
It can be also interpreted as symmetrical triangle pattern which is a continuation pattern.
Hence , we expect the pair to make a downside breakout and move towards the stronger support placed at 1.15100.
For further cues, follow our updates on premium analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.