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

EURUSD's Break Of Choppy Channel Appears At Critical Support

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    The EUR/USD broke above the resistance trend lines (dotted red), which makes it likely that a swing high and swing low was completed at the trend line. This swing has been marked as a wave A (blue) and a bigger ABC correction is expected unless a) the bullish momentum is[​IMG]

    Continue reading...

Share This Page