TimeWaveTrading

(Time Wave Analysis) EURUSD update

FX:EURUSD   Euro / U.S. Dollar
EURUSD broke the first line of an uptrend last Friday.
So the market will continue to test as the floor needs to be rebuilt.
Even if a temporary rise occurs, it will come down.
Now, the weekly correction trend line is the main line of the downtrend.
On top of that, a downward wave monthly correction trend line is growing.
At least the weekly correction trend line must be broken before it can be converted into a temporary uptrend.
It looks like it will take a lot of time.
The buying power will come in when the bottom is at least the starting line of the weekly correction trend of the upward wave.
good luck.
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