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German Bund Can Stabilize and Recover The EURUSD Pair

Long
Bund (OANDA:DE10YBEUR)  
ew-forecast  
OANDA:DE10YBEUR   Bund
Trend Analysis Chart Patterns Wave Analysis bonds germany BUND EURUSD recovery Technical Analysis Elliott Wave
1
0
trendanalysis chartpattern waveanalysis bonds germany bund eurusd recovery technicalanalysis elliottwaves
German Bund is nicely breaking above important trendline after a completed complex w-x-y corrective decline in wave B, which can now send the price higher for wave C towards 140 resistance area. If we respect a positive correlation between German Bund and EURUSD currency pair, then EURUSD could easily stabilize and recover.
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