EURUSD - wave three down to new lows

2 May 2020

In our previous post dated April 28, we advised our readers that the currency should reach 1.099 and then start a move down. The currency reached 1.10 on May 1 and started its move down. We believe the currency is now on minute wave iii down that should push its price to the most probable target at 1.04, before a short term correction and then continue its path down. A move above 1.115 will imply in a revision on this scenario. FOLLOW SKYLINEPRO TO GET UPDATES.