Euro / U.S. Dollar
Short
Updated

EURUSD Finishing Minuette Wave 1

132
The euro appears to be making a five-wave move down, which I can only assume is minuette wave 1 of minute wave 5. Also, the false breakout from the three-week trading range seriously calls into question the validity of the bullish case.
Note
I have updated this analysis here:
EURUSD Nearing End of Minuette Wave 1

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.