EURUSD COULD BE SETTING UP FOR A LONG TERM BULLISH RIDE

30 בינו׳ 2020

After the previous Rally, EURUSD have been in a multi month expanded flat sideways pattern that have kept price in a Range but it looks like the final leg is about to be completed. On the short term price could consolidate a little for wave iv correction before making a new low for wave v of wave (c). A break out of the diagonal structure after completion of wave v can trigger a long term bullish momentum.