EURUSD is completing its correction from the high of 1.149 and, before making the final leg down (C), there is an apparent ABCD pattern that that would complete wave B. The falling wedge on the CCMI indicates bullishness in the short term.
I'm looking at the 1.125 level for the completed correction and a sufficient bounce would be OTE to long the pair beyond 1.17.
Happy trading!
I'm looking at the 1.125 level for the completed correction and a sufficient bounce would be OTE to long the pair beyond 1.17.
Happy trading!