Daily.Pips

EURUSD Daily: Last Reminescence of the Uptrend

FX:EURUSD   Euro/U.S. Dollar
-Completed AB=CD (AB 48 bars, CD 44 bars, with BC             at 0.618 retrace and CD 1.414 extension over AB) outside higher BB with each wave touching the trend line .
-RSI hit same resistance at 70 since february, CD wave showing signs of weakness now. DMI confirms the maturity of this uptrend.

EURUSD             now at 0.618 and important support level . Since 3 days price has been moving inside a falling wedge:



Expecting last leg to about 1.152, which is 0.618 retrace and upper BB level on daily chart , before starting to downtrend with first destination to approx. 1.12
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out