On the updated count of EUR/USD, we see price trading in a possible zig-zag correction of a higher degree, with waves A and B already completed.
The current bullish rally is part of wave C, that may see more gains in sessions to follow, ideally towards the upper channel line.
At the moment we see price trading in the middle of the strongest and steepest wave 3. Invalidation level is at 1.0600 level, as long as it holds we are looking higher.
EURUSD, 4H




Comments
Log in or sign up to join the conversation.