EURUSD: WE HAVE ALREADY BEARISH RALLY UNTILL LEVEL PRICE 1.06 ??
Hi
We see that the price could not break above the 1.10 level, this being already a resistance of the last rise segment in a b c.
The price is forming a second bearish corrective segment in the form of abc, we will see if it reaches the price target 1.08 to bounce upward in waveform B and then be able to attack in the formation of its last segment of momentum C on the ground and level price 1.06
The yellow lines are supports and the red resistances
regards
We see that the price could not break above the 1.10 level, this being already a resistance of the last rise segment in a b c.
The price is forming a second bearish corrective segment in the form of abc, we will see if it reaches the price target 1.08 to bounce upward in waveform B and then be able to attack in the formation of its last segment of momentum C on the ground and level price 1.06
The yellow lines are supports and the red resistances
regards
Comment:
Target A reached!!
Comment:
Target 1.08 reached!
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