EURUSD validates the support zone as evidenced by the formation of the 'Hammer' candle pattern.
The next move is to form Wave 2 of Elliot Wave, which are likely to be formed soon.
If the pattern continues and wave two occurs, EURUSD will turn into a bullish trend.
NOTES!
This is not financial advice
The next move is to form Wave 2 of Elliot Wave, which are likely to be formed soon.
If the pattern continues and wave two occurs, EURUSD will turn into a bullish trend.
NOTES!
This is not financial advice
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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.