Key Levels: 1.0781, 1.1424
Hello traders! We see that the price reached the border of the base channel and failed to break through it. This fact is explained by the completion of the pulse wave and the beginning of correction. I think that the {ii} of 3 wave is currently developing. This wave is probably not complete yet. I expect that the Euro will continue to decline in the area of 0.500 or 0.618.
Hello traders! We see that the price reached the border of the base channel and failed to break through it. This fact is explained by the completion of the pulse wave and the beginning of correction. I think that the {ii} of 3 wave is currently developing. This wave is probably not complete yet. I expect that the Euro will continue to decline in the area of 0.500 or 0.618.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.