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Decisive price action emerges on US Dollar

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 30, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD 4 hour The EUR/USD has continued with its breakout above the resistance (dotted red) trend line yesterday. A strong bullish 4 hour candle could indicate more bullishness later today or this week. 1 hour The EUR/USD’s impulsive move up has been marked as a wave 3 (orange). If wave 3 is completed then price could find support at the Fibonacci levels of wave 4 (orange). GBP/USD 4 hour The GBP/USD wave count has been changed to a bearish ABC (magenta) for wave X (blue) due to the strong

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