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NEoWave-Academy

Has EURUSD started an uptrend?

Euro / U.S. Dollar (FX:EURUSD)  
NEoWave-Academy Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis EURUSD XAUUSD EUR USD
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trendanalysis chartpattern waveanalysis eurusd xauusd eur usd
The EURUSD chart in the weekly time frame seems to show a diametrical pattern, which is currently completing wave (E).

Considering that the wave (E) itself is a diametrical one, probably more time should be passed before the movement of the wave (F) starts.

If the price crosses the resistance of 1.24369, the analysis is no longer valid
Comment:
The analysis of Euro was posted on the site at 1.05403 in the monthly time frame and it grew up to 1.12757. In my opinion, the growth of the first part of the F wave is not over yet, and probably the euro will grow against the dollar from these current ranges.
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