Analysis

Elliottwave Analysis: EURUSD, Long at 1.1591

EURUSD failed to keep closed above upper bands, but the medium term trend point up.

This week one touch 1.1588/90 still could not be ruled out.

Expect some complex and over-lapping upside correction for now.

Will look to trade from both sides.

Below 1.1965, we could not confirm a medium term low already in place.

EURUSD Trade Idea:

Buy Limit @ 1.1591 SL 1.1490 Take Profit @ 1.1770

Intraday Trade Idea: (spot 1.1686)

Sell Latentinterest Order:  1.1742

Buy Latentinterest Order:  1.1661

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