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WrightWayInvestments

EURUSD - Long Term Potential Bearish Idea

Short
Euro / U.S. Dollar (FX:EURUSD)  
WrightWayInvestments  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns waves elliotwaveanalysis EURUSD Bearish Patterns Weekly Charts
4
2
trendanalysis waveanalysis chartpattern waves elliotwaveanalysis eurusd bearish weekly
As we can see in EURUSD on the weekly timeframe the pair still seems to be in an overall bearish trend. As we can see the pair seems to be in the creation of the fourth wave of the Elliott Wave Theory and can see potential resistance around the 1.09000 area before heading down to create the fifth and final wave of the entire move but we will have to wait for more confirmation as the market continues to build.

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