EURUSD 4th wave continuation

Bearish: We are currently @ 1.1725 after a 3rd wave. We have convergence for the downside move on the 60-minute chart. We are looking for an a-b-c continuation to the 0.500 Fibo @ 1.1538 for a possible reversal point. Watch the USDX for direction. The ATR for the pair currently is 93 pips.

Posted to Introduction to Forex Targe… on Aug 03, 2020 — 8:08 AM

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