TimeWaveTrading

EURUSD trend analysis update

FX:EURUSD   Euro / U.S. Dollar
When the Eurodollar rises above the last weekly support key level, the trend will turn upward. If the Eurodollar continues to stay below or move away from it, the monthly A-B-C pattern will need to complete before it turns into an uptrend. Get a sell chance when it rebounds. Especially around that yellow area will be the weekly resistance key level.
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.