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josephdahrieh

Euro Dollar to Face Resistance

Long
Euro / U.S. Dollar (FX:EURUSD)  
josephdahrieh  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis euro EURUSD longeuro buyeuro selldollar selldxy
5
0
trendanalysis chartpattern waveanalysis euro eurusd longeuro buyeuro selldollar selldxy
the pair is finishing an intermediate 5 waves cycle that will label the grand cycle wave 3.
the resistance area is expected to start near 1.2260-1.2290.
a three waves pullback is expected to retrace and retest previous wave 4 near 1.2060.
we will be looking forward to buy the pair again to target new highs finishing wave 5.
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