Today, we will check the EURUSD pair technical analysis in the Monthly timeframe chart. The EURUSD pair has been in a downtrend structure for 14 years, and the chart follows a Double Zigzag Correction based on Elliott Wave theory.
The Structure of the microwave C of Main wave Y is Expanding Ending Diagonal. Most probably, microwave 2 of the microwave C of Main wave Y will Finish in the Support Zone and at my TRZ(Time Reversal Zone).
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe Monthly⏰
🔴Resistance Zone🔴: 1.24$ until 1.20$
🟢Support Zone🟢: 0.98$ until 0.956$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
The Structure of the microwave C of Main wave Y is Expanding Ending Diagonal. Most probably, microwave 2 of the microwave C of Main wave Y will Finish in the Support Zone and at my TRZ(Time Reversal Zone).
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe Monthly⏰
🔴Resistance Zone🔴: 1.24$ until 1.20$
🟢Support Zone🟢: 0.98$ until 0.956$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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🔔Please follow us on Telegram for more analysis.👉 t.me/ProTrader_365
🎁Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3
