Eurusd climb after failed us news and is now on a tecnical correction. If the pair break the yellow zone, we could have most likely the way to 1.057/1.058 and ready for long. At the moment, my idea is wait!
As long as we have no breakout, pair should stay short. You can see in a 15 min chart that he ´s completing corrention wave. I believe he will reach the 1.055 zone befor he goes long...
when finish the correction wave on a 50% fib and still in the channel, we should have a nice long oportunity with target@0.722 area or longer
Eurusd might comin down to to 1.052 after breaking some support levels. After this we could have a nice buy opportunity, but for now, my guess is short.
expecting a 5 wave down witn an abc extention...
5 waves with abc extention