Today, we will check the EURUSD pair technical analysis in the Monthly timeframe chart. The EURUSD pair has been in a downtrend structure for 14 years, and the chart follows a Double Zigzag Correction based on Elliott Wave theory.

The Structure of the microwave C of Main wave Y is Expanding Ending Diagonal. Most probably, microwave 2 of the microwave C of Main wave Y will Finish in the Support Zone and at my TRZ(Time Reversal Zone).

🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe Monthly

🔴Resistance Zone🔴: 1.24$ until 1.20$

🟢Support Zone🟢: 0.98$ until 0.956$

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Chart PatternseuroeurodollareuropeeurousdEURUSDForexforexanalysisforexsignalsforextradingTrend AnalysisWave Analysis

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