SteynTrade

ERUUSD still counting our ABCs

Long
FX:EURUSD   Euro / U.S. Dollar
Last week I posted a view of the EURUSD corrective structure. Brexit resulted in a quicker finalization of the D wave of this structure than I had expected. So this week it looks as if the market is entering the last of the corrective ABCs. So I am looking at the 1.13 level for resistance before a move back to the 1.10 level and the final leg up before we break the structure.

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.