EURUSD 10727-10990... CONSOLIDATION OR BREAK UP/DOWN !!
Recap: X=11495, A=10640, B=11147, C=10727(88% 11495-10640), D= in progress?? 11290-11310!!.
As per previous analysis prices were on track for the D leg completion until 10990 Resistance and then break below 10768 to 10727 (10735= 88%). Prices have already rebounded above 10790-10820 support zone, will this now hold
then expect higher prices R=10855-10890, R2= 10910-10940 depending on the strength of the upside move expect volatility. Break out above 10940-10990 then T1= 11060-11100, T2= 11152-11210.
Break Above 11100 then expect retest of 11147-11152 (11210), if in extension then 11380-11410 for completion of the D leg.
Break below 10640-10727 then LOWER PRICE ZONES.
As per previous analysis prices were on track for the D leg completion until 10990 Resistance and then break below 10768 to 10727 (10735= 88%). Prices have already rebounded above 10790-10820 support zone, will this now hold
then expect higher prices R=10855-10890, R2= 10910-10940 depending on the strength of the upside move expect volatility. Break out above 10940-10990 then T1= 11060-11100, T2= 11152-11210.
Break Above 11100 then expect retest of 11147-11152 (11210), if in extension then 11380-11410 for completion of the D leg.
Break below 10640-10727 then LOWER PRICE ZONES.
