Technical analysis
EURUSD Wave Analysis 25 February, 2021
February 25, 2021 @ 19:01 +03:00
![EURUSD Wave Analysis 25 February, 2021 EURUSD Wave Analysis 25 February, 2021](https://fxpro.news/wp-content/uploads/2020/03/040320-5.png)
• EURUSD broke key resistance level 1.2150
• Likely to reach resistance 1.2350
EURUSD currency pair recently broke the resistance level 1.2150 (which stopped the previous waves B and 1) intersecting with the 50% Fibonacci correction of the downward correction (2) from January.
The breakout of the resistance level 1.2150 is aligned with the active impulse waves 3 and (3).
EURUSD is likely to rise further toward the next resistance level 1.2350 (top of the previous sharp impulse wave (C)).
![](https://fxpro.news/wp-content/uploads/2021/02/eurusd-primary-analysis-feb-25-1730-pm-1-day-1024x501.png)