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April 06, 2021 at 03:58PM
• EURUSD reversed from support level 1.1750
• Likely to rise to resistance level 1.1900
EURUSD recently reversed up with the daily Morning Star from the key support level 1.1750 (which stopped the earlier wave 2 in November).
The pair earlier broke the daily down channel from February – which accelerated the active short-term ABC correction (ii).
EURUSD index is likely to rise further toward the next resistance level 1.1900 (target for the completion of the active correction (ii)).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/eurusd-wave-analysis-6-april-2021-20210406/
Selected by fonecable.com
Search Web: EURUSD Wave Analysis 6 April, 2021
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