Hellena | EUR/USD (1H): Long to resistance area of 1.10416.

Dear Colleagues, I suppose that price has formed corrective wave 4 and is starting the impulsive movement of wave 5. I see the first resistance area on the way of wave 5 - the area of 1.10416. This is the area that can affect the price movement.

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Bình luận:

Dear colleagues, SL has not been reached yet, but I suppose that the target should be moved a bit closer, namely to the area of 38.2% Fibonacci level 1.10000.

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Well done!