EURUSD is sitting at an important confluence area comprising of support zone, 61.8% Fib, and broken daily trendline.
The pullback to this level can be easily labeled as a double zigzag in wave (ii) as you can see in the 30 minutes chart below.
Price is expected to resume the wave iii of (iii) of 3 rally from or near the current market price as long as the "current invalidation level" remains intact.
What's your thought on EURUSD? Let me know in the comment.'
Thanks for reading.
Veejahbee.
The pullback to this level can be easily labeled as a double zigzag in wave (ii) as you can see in the 30 minutes chart below.
Price is expected to resume the wave iii of (iii) of 3 rally from or near the current market price as long as the "current invalidation level" remains intact.
What's your thought on EURUSD? Let me know in the comment.'
Thanks for reading.
Veejahbee.
