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Major Currency Pairs Reach Key Fibonacci Levels

Discussion in 'Technical Analysis' started by Kaitlin, Jun 15, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD broke the support trend line (dotted green) after yesterday's strong bearish 4 hour candle appeared. From a long-term perspective price is still above key support such as the daily trend line (solid green). The EUR/USD seems to be building a bearish 5 wave (green) within wave C. A[​IMG]

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