Get started
Orbex

EURUUSD: Support Firmness At 1.10 Hints to Further Upside!

Long
Euro / U.S. Dollar (FX:EURUSD)  
Orbex  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Support and Resistance Chart Patterns Elliott Wave EURUSD correction continuation intermediate4 minorb
7
0
trendanalysis supportandresistance chartpattern elliottwaves eurusd correction continuation intermediate4 minorb
EURUSD could have found support at 1.10 round level!

This assumes that we are still correcting towards intermediate wave (4), and are currently completing minor wave B of the A,B,C correction. Wave B is a minute a,b,c with subminute wave (v) being a triangle. Wave C of this correction could take prices to fresh highs above 1.1181.

In case prices slide lower than the 1.094 support, this could turn out to be an impulsive move to the downside.

Related Ideas

Orbex
ORBEX:Loonie Bid on Poloz As Impeachment Hearing Goes Unnoticed!
Orbex
ORBEX: Dollar Weakness Drives Euro and Yen Higher!
Orbex
ORBEX: GBPUSD,EURUSD: Brexit Party Won't Contest Conservatives!
Orbex
ORBEX: EURUSD - Incoming Corrective C, OR an Impulsive 3?
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.