EURUSD Intra-day Update - Elliott wave Analysis

Hi traders,

EURUSD is trading in wave c which can aim towards 1.1320 area where market may see a new turning point; ideally next week.

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UPDATE: As expected, EURUSD bounced nicely away from projected support, so seems like EURUSD can be headed back into 1.15 area or higher, especially if breaks above 1.1435 bullish confirmation level.

Kommentera:

Kommentera:

EURUSD went slightly lower an retested 1.1300 level and still looks corrective within uptrend, so we still expect a bounce soon. However, even if goes lower, we remain bullish as long as it's trading above 1.1215 invalidation area!