Forex Market Waiting For Momentum To Unfold

Discussion in 'Technical Analysis' started by Kaitlin, Jul 25, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD broke the support trend line (green) and could therefore be starting wave 3 (purple). The breakout has been slow and mild so far and price needs to break below the wave 1 bottom support (green) before more confirmation is given.[​IMG]

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