Eur/Usd : Bulls are back

٢٠ أغسطس ٢٠١٥

For the last couple of days i've been talking about the trend line and now price has bounced of it. The rally is the start of a wave y (circle) of W of (Y). Inside this wave y (circle), a first corrective wave seems to have finished or could finish a little higher at 1.1235 (+/-). There is another trend line which could serve of support.