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FahimLatif

EURUSD new bullish market kicking in

Long
Euro / U.S. Dollar (FX:EURUSD)  
FahimLatif  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis EURUSD euro USD DJ FXCM Index Elliott Wave Bullish Patterns
4
0
trendanalysis chartpattern waveanalysis eurusd euro usd usdollar elliottwaves bullish
As we've seen, the pair couldn't go lower than the historical price 1.1180. At this area, we've seen the pair bouncing multiple times creating an head and shoulders pattern in our 4h chart. The rejection of the support towards the market is giving place to our current shoulder.
We should see the pair climbing up forming new Highs.
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