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February 25, 2021 at 04:01PM
• EURUSD broke key resistance level 1.2150
• Likely to reach resistance 1.2350
EURUSD currency pair recently broke the resistance level 1.2150 (which stopped the previous waves B and 1) intersecting with the 50% Fibonacci correction of the downward correction (2) from January.
The breakout of the resistance level 1.2150 is aligned with the active impulse waves 3 and (3).
EURUSD is likely to rise further toward the next resistance level 1.2350 (top of the previous sharp impulse wave (C)).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/eurusd-wave-analysis-25-february-2021-20210225/
Selected by fonecable.com
Search Web: EURUSD Wave Analysis 25 February, 2021
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