Cptn_Blue_Lemon

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EURUSD 100% | 2
Cptn_Blue_Lemon Cptn_Blue_Lemon EURUSD, 240, Short ,
EURUSD: EUR/USD SHORt
41 0 3
EURUSD, 240 Short
EUR/USD SHORt

Yesterday EUR/USD broke out of channel. Evening star spotted meaning reversal is plausible. No major EUR news today, only USD will have to wait for the numbers. Based on the above EUR/USD move out of channel should be corrected and the price should move back to fib level 38.2.

Cptn_Blue_Lemon Cptn_Blue_Lemon EURUSD, 240, Short ,
EURUSD: EUR/USD Short end of Elliot wave formation
56 0 3
EURUSD, 240 Short
EUR/USD Short end of Elliot wave formation

End of elliot wave formation, trend is going to reverse (short term) heading down to lower fib retracement 78.6%. Technical analysis can be confirmed by fundamental analysis if there are no surprise with the USD ISM and USD FOMC rate decisions.

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