EURUSD. Possible map. Second leg of a pullback
I think that current pullback is still in progress.
The wave C is pending and here I would like to focus your attention on the yellow trendline,
which acted as a support and now turned to be a resistance.
The wave A of a pullback reversed right at the trendline.
So the wave C could also retest this trendline and hit between 61.8 and 78.6 Fibonacci retracement
After completing the whole pullback there is a chance for EURUSD to dip down to 1.08 area to finish the large retracement.
The wave C is pending and here I would like to focus your attention on the yellow trendline,
which acted as a support and now turned to be a resistance.
The wave A of a pullback reversed right at the trendline.
So the wave C could also retest this trendline and hit between 61.8 and 78.6 Fibonacci retracement
After completing the whole pullback there is a chance for EURUSD to dip down to 1.08 area to finish the large retracement.
כתב ויתור
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