The three-wave structure of the declines from 1.3528 and 1.3492 bolster the idea an ending diagonal might be unfolding. That, along with the current three-wave recovery from 1.3305 keeps the focus on lower levels. Weakness below 1.3351 would target 1.3305 and lower. 1.3492 is key resistance
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.