EURUSD – the end of the downtrend and advent of the uptrend
EURUSD – the end of the downtrend and advent of the uptrend with the initial target of 1.2459
In the daily chart, the first uptrend is completed in the range of 1.2555 and the second wave is completed as a Complex pattern in the range of 1.06359. The price is currently making the first wave from point 3, which could continue to the target of 1.2495.
(Daily Chart )
240-minute chart shows the structure of the wave from point 3 in the ascending trend.
In the daily chart, the first uptrend is completed in the range of 1.2555 and the second wave is completed as a Complex pattern in the range of 1.06359. The price is currently making the first wave from point 3, which could continue to the target of 1.2495.
240-minute chart shows the structure of the wave from point 3 in the ascending trend.