FX:EURUSD   Euro / U.S. Dollar
On the weekly chart, there is a global falling wedge pattern. We have already broken the line of resistance. Whether we will test the support line or not, it's a moot point. Targets are the 38.2 -50% Fibonacci levels.


Best regards EXCAVO

Related Ideas

Comments

Great analysis! But if it move down to 1.1500 to retest the trend then i don't think its possible to reach your target. Because according to my analysis breaking 1.1700 support will take it to 1.1200.
+1 Reply
thanks for sharing! agree with your bullish bias on EURUSD, this is what I see on EURUSD:
+1 Reply
How about this w
Reply
thank you
Reply
HI very nice Analysis...

I have done some analysis on EURUSD base on Hidden Bearish Divergence and Fibonacci please have a look and let me know your opinion too



Detailed in Persian (Farsi) Version



Please comment me your opinions too.

Thanks
Reply
thank you Excavo. Great chart & analysis
Reply
Boss of all traders!
Reply
good analyses
Reply
Good analysis
Reply