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EURUSD’s Pullback in Play: Next Stop $1.0934?

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The EURUSD(EURUSD) has managed to break through the Resistance zone($1.0817-$1.0760) and has been on a good upward trend with good momentum in the past week.

The EURUSD appears to be completing a pullback to the Resistance zone (broken).

According to the Elliott Wave theory, the EURUSD appears to have completed wave 4, which is a Double Three Correction(WXY).

I expect EURUSD to rise to the Resistance zone($1.0983-$1.0916) after completing the pullback.

Note: If EURUSD goes below $1.0755, we can expect more dumps.

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Euro/U.S. Dollar Analyze (EURUSD), 1-hour time frame.

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anlık görüntü

Target Done = $1.0934

Feragatname

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