The EUR/USD stayed again with the range of the narrow triangle formation by respecting the resistance trend line (orange) and falling back towards support (green). A break of support could see price fall back towards the Fibonacci levels of wave X (brown).
...The EUR/USD is building a contracting triangle chart pattern. Price bounced yet again at the top of the triangle. It could find support again near the bottom of the triangle or at the Fibonacci levels.
The EUR/USD has made a bearish turn at the resi
...An EUR/USD is building an ABC zigzag within the larger triangle formation.
The EUR/USD has multiple support (green) and resistance (red) trend lines above and below price action.
The GBP/USD is correcting the downtrend via a WXY (green
...An EUR/USD break below the support (green) trend line could see price fall towards the Fibonacci levels of wave X vs. W. A break above the resistance (orange) trend line could price move towards the Fibonacci targets of wave Y vs. W.
The EUR/USD bou
...The EUR/USD has shown a bullish bounce at support (green). A break below support could see price fall towards the Fibonacci levels.
The EUR/USD bounce could be part of a larger correction up to resistance (red) which could be marked as wave 1 or A.
...