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EUR/USD Completes Bullish Wave 5 And Starts Bearish Wave 1

Discussion in 'Technical Analysis' started by Kaitlin, Oct 16, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD seems to have completed a bullish 5 wave (green), which in turn could have completed the larger wave 2 (green) or wave B (green). Price has reached an interesting point where it will either continue with the bullish correction up to the 78.6% Fibonacci retracement level or start[​IMG]

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