EUR/USD: bullish 'High Wave'

EUR/USD: bullish 'High Wave'

2604eurusdH4 (3).png

There's a bullish 'High Wave', so we could have an upward correction in the short term. However, if a pullback from the nearest resistance happens next, there'll be an opportunity to have a decline.

2604eurusdH1 (2).png

We've got a 'High Wave' pattern, so we're likely going to have a bullish correction. Meanwhile, if the Moving Averages act as resistance, bears will probably try to test the next support area.

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