EURUSD – Bullish Opportunity – March 23rd, 2020

EUR/USD, 12Hours chart. The price remains above 1.0335, so the bullish outlook remains on the table. Wave (C) of ((B)) might have been in place. If correct, we’re about to have the beginning of a massive bullish market.

EUR/USD, 45Minutes chart. There’s a new local low. The last decline could be counted as a five-wave price movement for wave (C). In this case, the market should develop a five-wave advance to confirm the scenario. The nearest critical level is 1.0633.

Scroll to Top