US Dollar Starts With Weakness In 2016

Discussion in 'Technical Analysis' started by Kaitlin, Jan 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The EUR/USD made a bearish break below the support trend line (dotted green) as part of a 5th wave (green), which could potential complete a wave C (blue) of a wave B (purple). Price has bounced at the 78.6% Fib and a break below the 100% mark invalidates this wave count.[​IMG]

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