EURUSD Bullish Breakout of Elliott Triangle
EURUSD found support at 1.1760 and has started to reverse as it broke above a falling wedge, arguably a Elliott triangle of the final Elliott wave.
We will be looking for a buying opportunity as the price has already pulled back to the 61.8 Fib level, and the bottom of a probable rising channel.
Our main target will be somewhere just below 1.1900 where there's strong supply which also lies at the 61.8 Fib level.
We will be looking for a buying opportunity as the price has already pulled back to the 61.8 Fib level, and the bottom of a probable rising channel.
Our main target will be somewhere just below 1.1900 where there's strong supply which also lies at the 61.8 Fib level.
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