Jandara

EURUSD INTRADAY Wave (3) at or close to locating its low.

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FX:EURUSD   欧元/美元
I've adjusted the ending diagonal to favor wave v is still unfolding so we'll drop working resistance to 1.1728, a swift move up through this level will signal wave v is in place and with that, wave (3). Ongoing divergence in RSI warns a fifth wave is looming, if it comes as an ending diagonal we could see a full retracement of the pattern, i.e. a swift reversal back up to 1.1996, the origin of the pattern.

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