EURUSD Short Term Forecast
Updated
D1 - We have a key resistance zone that has formed based on the 1.618 (1.15575) Fibonacci expansion level of the first wave and the 61.8%(1.16003) Fibonacci expansion level of the second wave.
The price is developing a big 5 leg structure and we are currently inside the 5th wave.
The price is currently breaking above the last swing high and it still has room higher towards the key resistance zone.
H4 - There is no evidence that shows the trend is over here.
Expecting the price to push higher towards the daily key resistance zone.
The price is developing a big 5 leg structure and we are currently inside the 5th wave.
The price is currently breaking above the last swing high and it still has room higher towards the key resistance zone.
H4 - There is no evidence that shows the trend is over here.
Expecting the price to push higher towards the daily key resistance zone.
Note
The price moved as per my forecast and delivered a huge move to the upside!
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