The EURUSD failed to close above 1.1340, which represents 61% retracement of the bearish wave since February 28
To be lower than the previous one, which is likely to drop again to retest the bearish channel
From the other perspective, the pair's refusal to move up after the correction to 61% Fibo as indicated suggests that it is possible to set the price for the ab = cd pattern as shown in the chart for the pair
Best places to enter Euro
EURUSD traded below 1.3000 targeting 1.1220 then 1.1150
This scenario is quite correct if the EURUSD closes above 1.14000
To be lower than the previous one, which is likely to drop again to retest the bearish channel
From the other perspective, the pair's refusal to move up after the correction to 61% Fibo as indicated suggests that it is possible to set the price for the ab = cd pattern as shown in the chart for the pair
Best places to enter Euro
EURUSD traded below 1.3000 targeting 1.1220 then 1.1150
This scenario is quite correct if the EURUSD closes above 1.14000
