vmanena

EURUSD at critical area

Long
FX:EURUSD   Euro / U.S. Dollar
9
EURUSD at turning point, the downwards sequence looks incomplete, I'm more biased in setup 2 (A bounce up from here to complete the triangle wave E (around 1.5) and then all the way back to complete wave 5 at around 0.9 - 1. Setup 1, a break though current support will also complete wave 5. Price action at current level will give us direction.

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.