1. Hello Guest Click here to check FX Binary Point Financial Directory

EUR/USD Keeps Building Zigzags And USD/JPY Breaks With Impulse

Discussion in 'Technical Analysis' started by Kaitlin, Sep 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD is building a bullish retracement, which could become a head and shoulders pattern (purple boxes) if price makes a bearish turn at 1.1250. Such a rejection could occur when a bearish ABC (blue) zigzag occurs within the larger consolidation zone (purple/blue lines).[​IMG]

    Continue reading...

Share This Page