EUR/USD Bullish ABC Zigzag Faces Robust Resistance

Discussion in 'Technical Analysis' started by Kaitlin, Aug 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD remains in a large consolidation and the bearish breakout could take longer before materializing, which is the main reason why wave D (green) has been added. Once waves D (green) and E complete the triangle a strong bearish impulse is expected. For the moment price is respecting and[​IMG]

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