EURUSD Making A Reversal Lower

Gregor Horvat
Gregor Horvat
Forex Technical Analyst •

EURUSD moved straight down from the 200% Fib resistance level where the pair found a top following a five wave move within wave five.

So far so good, EURUSD moved straight down from 200% Fib. resistance level where pair found a top following a five wave move within wave five. As such, new and minimum three wave fall is here which can extend down to 1.0830 or even lower, if moved will be impulsive.

EURUSD, 1H

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