In our last EUR/USD update, we stated that a direct turnaround might be happening. However, we indicated that with a breach of $1.17094, we have to expect further bearish action. The market made a decision by trading below the mentioned level. We then reached our turnaround zone, and the bulls took over as expected. We believe that wave 4 is completed, and we are on the way to higher quotations.
Happy Trading!
Happy Trading!
