Intraday Elliottwave Analysis: EURUSD, still heavy, but almost 1st target met
|EURUSD closed below 1.1790 last week.
Price almost satisfied 100% extension of a 5 wave decline from 1.2475.
Unless a clear bottom sign is flagged, we still look to sell rallies.
Weekly close back above 1.1790 or daily close above 1.1866, will be the first recovery sign.
Daily support Levels: 1.1732 1.1715 1.1685 1.1677 1.1668
Daily resistance Levels: 1.1771 1.1798 1.1802 1.1807 1.1820 1.1841
Intraday Trade Idea:(spot 1.1750)
①Buy Limit @ 1.1719 SL @ 1.1672 Take Profit @ 1.1751
①Sell Limit @ 1.1796 SL @ 1.1844 Take Profit @ 1.1765/1.1733
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