Decisive Price Action Emerges On US Dollar

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

  1. Kaitlin

    Kaitlin Forum Member

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    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. The EUR/USD's impulsive move up has been marked as a wave 3 (orange). If wave 3 is completed then price[​IMG]

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