EURUSD - Short Possibility (Waiting for the Corrective Wave 4)
Currency Pair: EURUSD
Frequency: Daily
Predicted Direction:
Short (Corrective Wave 4)
EURUSD is most likely completed the impulse wave 3 on the resistance level of 1.207/209. The price had a strong retracement after hitting the target above 1.20 the round psychological level. After completing the wave 3, EURUSD will soon to have a corrective wave 4 towards to the first target 1.7280 - 1.16975 (38.2% FIb from Dec 2016). It could be a potential support zone for Wave 5 to be completed. However, if it breaks, then 1.14385 - 1.14000 support zone combining with 38.2 Fib and the descending trend line (Red) would be the second support.
Frequency: Daily
Predicted Direction:
Short (Corrective Wave 4)
EURUSD is most likely completed the impulse wave 3 on the resistance level of 1.207/209. The price had a strong retracement after hitting the target above 1.20 the round psychological level. After completing the wave 3, EURUSD will soon to have a corrective wave 4 towards to the first target 1.7280 - 1.16975 (38.2% FIb from Dec 2016). It could be a potential support zone for Wave 5 to be completed. However, if it breaks, then 1.14385 - 1.14000 support zone combining with 38.2 Fib and the descending trend line (Red) would be the second support.
Note
Note
Perfectly hit the first support zone of 1.7280 - 1.6975. Waiting for more signals to confirm the reversal. 
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.