In our last EUR/USD update, we stated that a direct turnaround might be happening. However, we indicated that with a breach of $1.17094, we have to expect further bearish action. The market made a decision by trading below the mentioned level. We then reached our turnaround zone, and the bulls took over as expected. We believe that wave 4 is completed, and we are on the way to higher quotations.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.