EUR/USD Can See more Weakness After A short-term Rally [Video]

Gregor Horvat Wavetraders

Hello traders,

EURUSD keeps moving lower, now in the middle of a higher degree wave 3 and unfolding its sub-wave iii. That said, be aware of a temporary recovery into a sub-wave iv, once sub-wave iii finds a low, ideally at current levels. Resistance and a new turning point for the pair can later be at the 1.085/1.088 zone.

EUR/USD, 4h

Also check our newest VIDEO analysis below about the EURUSD,

Trade well,

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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