The EURUSD is in a three wave pattern higher for wave E in this daily triangle consolidation.
We are most likely close to the high for (a) and after a wave (b) consolidation we can buy EURUSD again for wave (c) higher.
So far all wave 'b' consolidations in this triangle were relatively deep and we can therefore also look to short once wave 'a' is in place.
Updates will follow
We are most likely close to the high for (a) and after a wave (b) consolidation we can buy EURUSD again for wave (c) higher.
So far all wave 'b' consolidations in this triangle were relatively deep and we can therefore also look to short once wave 'a' is in place.
Updates will follow
Only a break below 1.085 indicates the daily triangle consolidation to be over.