The EUR/USD has slightly broken above the resistance trend line (dotted red), which could indicate the potential for a bigger correction. Price has stopped at the 23.6% Fibonacci level of wave "4 vs 3" and the wave count now expects a bigger correcti
The EUR/USD retraced to the top of the downtrend channel, which is a strong resistance zone and a potential continuation spot within wave C (blue) or wave 3 (purple). A bearish 123 (purple) becomes more likely when price is able to break below the 161.8% F
...GBPUSD falling wedge at support could lead to a rally towards 1.4750 Fib targets or a bearish break to 1.45, whereas the EURUSD movement will greatly depend on the patterns it makes at the daily/weekly support trend line, and the USDJPY is showing massive bullish moment
...The EUR/USD downtrend continues lower after making a retracement and breaking support (dotted green). A bearish 123 (purple) becomes more likely when price is able to break below the 161.8% Fibonacci target.
The EUR/USD broke below the support trend
...The EUR/USD broke the resistance trend line (dotted red) of the downtrend channel. This bullish break is most likely a corrective wave 4 of a lower degree (see 1 hour chart). The 123 (purple) becomes more likely than an ABC if price manages to extend beyon
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