27/01/18 $EURUSD Weekly Chart

FX:EURUSD   Euro / U.S. Dollar
We are presently in Correction wave B.

1. Previous Resistance has now become support as shown on the chart by the Moving average.
2. RSI has bounced twice previously at this point.

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Comment: Date should read as 27/05/18 $EURUSD Weekly Chart


what about the daily chart, I thought wave 3 could end 1.155 or 1.1450, and wave 4 will be rally 1.875, end of wave 5 at 1.11