Advanced Markets - Forex Market Analysiss

Forex market sees dead cat bounce

The EUR/USD bearish momentum is most likely a wave 1-2 (green). A break above the 100% level of wave 2vs1 invalidates this wave structure. A break below the support (green) could see price fall towards the Fibonacci targets of wave 5 vs 1+3 and horizontal bottoms (green)...

  


Share: