Hi traders,
The EUR/USD made a critical bullish breakout above the key 1.15 resistance zone of the large consolidation area. Price is now aiming at the Fibonacci levels of wave C vs A (blue).
The EUR/USD bullish break gives the EUR/USD space to move up towards the next target at 1.1750.
The EUR/USD made a break, pullback and continue. Price is now in a potential wave 4 (brown) and could see a bullish bounce at the Fibonacci support levels.
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Good trading,
Chris Svorcik
Elite CurrenSea
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