Elliott Wave Theory

Friday, May 12, 2017

EURUSD Completes The Recovery - Eyeing Towards New Low

Forex pair EURUSD dropped from the high in intraday chart. Intraday Euro Dollar price actions indicates that wave Y) found a top. The corrective wave since the January seems completed.

Bears can see a minimum three wave decline in sessions ahead. The gap on price is also interesting which will be filled soon.


EURUSD 4h Elliott Wave Analysis Chart