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EUR/USD Breaks Trend Line During Wave 5

Discussion in 'Technical Analysis' started by Kaitlin, Dec 29, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/USD 4 hour The EUR/USD could be building an ABC (purple) but it has a strong resistance layer (red) above it. A break below support (lighter green) would change the current wave count. 1 hour The EUR/USD could be in the final 5th wave (green) of a bigger ABC bullish zigzag (purple).[​IMG]

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