Orbex

EURUUSD: Support Firmness At 1.10 Hints to Further Upside!

Long
FX:EURUSD   Euro / U.S. Dollar
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.