EUR/USD: broken upward "Wedge"

EUR/USD: broken upward "Wedge"


There's a "V-Top" pattern, so the price reached the nearest support at 1.1772. In this case, the market is likely going to continue declining towards the next support at 1.1739 - 1.1714. If a pullback from this area happens, we could have an upward correction in the direction of the closest resistance at 1.1772 - 1.1793.


We've got an upward "Wedge", which has been broken, so the price is declining. Therefore, we should keep an eye on the nearest support at 1.1739 - 1.1714 as an intraday target. However, we have a pullback from these levels, there'll be an opportunity to see a bullish price movement towards the closest resistance at 1.1772 - 1.1793.



EUR/USD: bullish wave [iii]

There's a pullback from 4/8 MM Level, so the price is rising. It's likely that we're going to have bullish wave...


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