Elliott Wave Forecast Team
ElliottWave-Forecast.com
As expected the EURUSD has turned higher last week, back to 1.2800 resistance from where market turned down in the past few sessions. You will notice that rally from the low was actually a three wave move that can already be a completed as sharp corrective wave 4. As such, downtrend can be back in play, but real confirmation would be once wave B support is taken out.
EURUSD 4h Elliott Wave Analysis
EURUSD 4h Elliott Wave Analysis
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