EUR/USD: bullish "High Wave"

Read the article on FBS website

2109eurusdh4.png

The 89 Moving Average has acted as support, so we've got a "High Wave" pattern, which was confirmed. So, we could have an upward correction and a decline afterwards.

2109eurusdh1.png

There's a bullish "High Wave", which has been confirmed. In this case, the market is likely going to test the nearest "Window". If a pullback from this level happens, bears will try to deliver a new local low.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.