EURUSD Elliott Wave Analysis: Three Waves Down

EURUSD reversed sharply from the highs yesterday and is now trading 100 pips below 1.3966 level. A decline was very strong back to the area of the former wave four so looks like we have a top in place, at least for a the short-term. We expect now a minimum three wave set-back to 1.3800 region, which can either be start of a bearish impulse, or just a correction.
EURUSD 4h Elliott Wave Analysis
EURUSD 4h Elliott Wave Analysis
eurusd elliott wave

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