SteynTrade
Long

ERUUSD still counting our ABCs

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.
Nice chart mate. Let´s see if we respect the channel going down!
snapshot
+1 Reply
Thanks, Seems that even with Brexit the higher time frames still follow the standard patterns.
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