FX.co ★ Analisa Pasar EURUSD

Hello traders, judging by how the quotes of the currency pair EUR/USD gravitate towards the upper middle line of the MA100, constantly testing it, soon there will be a breakthrough with all the resulting consequences. Therefore, starting from next week, I expect a resumption of a more confident upward trend for the pair than it has been so far. As for the internal structure of the 4th corrective wave of the potential expanded ending diagonal, it seems like I have figured it out. It still represents a simple zigzag "abc", only with a complex internal structure of its wave "c" in the form of a contracting ending diagonal. If this is the case, then from the level of 1.1743, we actually have the development of the 5th wave of the larger diagonal. We just have to wait for the technical confirmation of this wave scenario in the form of a breakthrough of the mentioned MA100 middle line with consolidation, and then it's all about technique.