EURUSD Market Outlook – 3 Oct 2019

Last time, we have shown that the bullish AB=CD pattern formation in EURUSD. That was in D1 timeframe. It was for med to long term analysis.

As you can see, we had similar findings in H4 timeframe. In H4 timeframe, in fact, Excessive momentum coincided with bullish harmonic pattern. In fact the turning point at EURUSD was made at 1.272 (127.2%) retracement level.

Of course, next watch point is the first Potential Continuation Zone for EURUSD at 1.0997

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