0Comments

Analysis on EUR / USD and GBP / USD for June 24, 2020

On June 23, the EUR / USD pair gained about 50 bps and thus continued construction supposed wave 5 to C to B. If this is true, then the increase in prices will continue with the targets located around the level of 161.8% and 200.0% Fibonacci within wave 5 in C in B. Near one of these levels, the whole wave B may end, and the instrument may begin to build a new long-term downward trend section.
by Jeff Wecker