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

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

    Joined:
    Sep 9, 2015
    Messages:
    8,595
    Likes Received:
    1
    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