EURUSD is moving near the Resistance zone($1.0955-$1.0933).
According to Elliott's wave theory, EURUSD seems to be completing the Double Three Correction(WXY).
Also, the Ascending Broadening Wedge Pattern can be a sign of EURUSD reversal.
I expect EURUSD to continue to decline, at least in the Support zone($1.0884-$1.0864).
This week, the US economic calendar will be very busy releasing inflation Indices that will likely influence the Federal Reserve's monetary policy. We must wait for the prices to react when the indices are published.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
According to Elliott's wave theory, EURUSD seems to be completing the Double Three Correction(WXY).
Also, the Ascending Broadening Wedge Pattern can be a sign of EURUSD reversal.
I expect EURUSD to continue to decline, at least in the Support zone($1.0884-$1.0864).
This week, the US economic calendar will be very busy releasing inflation Indices that will likely influence the Federal Reserve's monetary policy. We must wait for the prices to react when the indices are published.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.