EURUSD Wave 2 underway towards 1.1900/20 handle

9 thg 9, 2020

EURUSD pushed through 1.1830 mark after taking out 1.1754 support today. The currency has confirmed Wave 1 at 1.1754 and is on its way to terminate Wave 2. Looking at the price action until now, a potential flat might be unfolding 3-3-5 structure but it might change. If prices push straight through 1.1850/60 from here, a potential zigzag could be underway. Corrective waves might take a complex shape and we might have to change accordingly.

Remain short, stop @ 1.21, target is open.

Good luck!