1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

EUR/USD, GBP/USD In Waves 4 Marked By Trend Lines

Discussion in 'Technical Analysis' started by Kaitlin, Aug 22, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Joined:
    Aug 29, 2015
    Messages:
    5,858
    Likes Received:
    0
    The EUR/USD has made a bearish retracement back to the 38.2% Fibonacci retracement level as expected. The Fibonacci levels could provide support as part of a wave 4 (green). A break below the 61.8% Fibonacci level would invalidate the wave 4 (green) structure.[​IMG]

    Continue reading...
     

Share This Page