1610 EURUSD this is a monthly chart for 700 pips
EURUSD has a sign of ending a five-month sideways .
This sideways movement also give us a sign of end of corrective monthly wave.
If all these are true, then we will have a green monthly channel to follow.
Current position to 1.22 seems like a safe zone for a long trade.After that , EURUSD either will be rejected again by the blue channel or make a new high alone with the green channel till the end of 2019.
Less is more!
This sideways movement also give us a sign of end of corrective monthly wave.
If all these are true, then we will have a green monthly channel to follow.
Current position to 1.22 seems like a safe zone for a long trade.After that , EURUSD either will be rejected again by the blue channel or make a new high alone with the green channel till the end of 2019.
Less is more!
