Currencies

<p>The daily momentum for the euro crossed over to the buy-side and prices closed above the 20-day moving average. The zigzag in wave 2 is complete and wave 3 could head towards 1.27 provided it is equal to wave 1. The immediate resistance is that the upper band of 1.2 to in the short-term and the wave 1 high is at 1.2349</p>
<p><img src="https://api-media.indiacharts.com/public/images/article-images/euro5350.png" alt="The zigzag in wave 2 is complete and wave 3 could head towards 1.27 provided it is equal to wave 1. The immediate resistance is that the upper band of 1.2 to in the short-term and the wave 1 high is at 1.2349" /></p>

Euro