313

EUR/USD: weekly wave analysis

Daily. After the pair has finished the long and complex wave (4), the saw the formation of the new downtrend. The currency pair will likely keep moving down in the coming weeks.

H4. Here’s the layout of the powerful downward impulse [i], which looks complete. Within several days of the new week we expect upward correction [ii], after which the pair’s decline will resume.

EUR
Scroll to top