An overview of the
currency markets by 
We saw some teeter-totter movement in the EUR/USD - let’s step back a little bit and take a look at the “bigger picture.”
On the 10 minute chart (M10), it shows the potential of the downward movement to continue - perhaps test the bottom trend line we drew in our hourly chart - although look for it to play out in the next couple of trading sessions.
After that, it looks like we’ve potentially got another move up coming after we hit the bottom. I’m hesitant to call this move pictured here an Impulse wave because of what appears to be an Ending Diagonal for the 2nd wave of the movement.
Be sure to apply your own analysis to this and analyze the currency pair in different time frames as well.
If we don’t post in the NY session, we hope everyone has a wonderful weekend and enjoy your time off.