Get started
TimeWaveTrading

(Time Wave Analysis) EURUSD update

Euro / U.S. Dollar (FX:EURUSD)  
TimeWaveTrading  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Wave Analysis
3
0
trendanalysis waveanalysis
EURUSD will see a daily correction of the running flat pattern, and it is likely that November will end with a decline again. There will be a rebound in December, but this will also be a weekly correction pattern and we expect it to end with a decline again this year.

Since EURUSD is a monthly downward wave, the monthly correction trend line must be broken for the trend to reverse.

good luck.
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.