ew-forecast

German Bund Can Stabilize and Recover The EURUSD Pair

Long
OANDA:DE10YBEUR   Bund
German Bund is nicely breaking above important trendline after a completed complex w-x-y corrective decline in wave B, which can now send the price higher for wave C towards 140 resistance area. If we respect a positive correlation between German Bund and EURUSD currency pair, then EURUSD could easily stabilize and recover.

Test Drive Our Services
👉 USE THE CODE AT THE CHECKOUT: testwt

wavetraders.com/elliott-wave-plans/

Learn Elliott Waves
👉 wavetraders.com/academy/

Newsletter Sign up
👉 bit.ly/3FVPVzO
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.