The EURUSD is in the correction mode of the upward movement of January 2017. In this case, the A of 2 could already be completed. Then there would have to be an upward movement in B, which could bring EURUSD into the 1.232 range. There should then start the C and press the EURUSD to at least 1.171.
Comment
⋅
Comment
⋅
Comment
⋅
The euro should now have fought through the resistance and now the way to re-run 1.2000 EURUSD should be free.