Yesterday, EURUSD turned sharply at the 1.2160 zone, eventually reversing a downtrend that had been in place since Feb. 27.
On this new uptrend, we've already completed Waves 1 and 2. Currently, we are in Wave 3 and looking for a Wave 4 pullback. That will provide an opportunity to enter on the long side.
On this new uptrend, we've already completed Waves 1 and 2. Currently, we are in Wave 3 and looking for a Wave 4 pullback. That will provide an opportunity to enter on the long side.
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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.