The EUR/USD has completed a full elliot wave(5-wave) and is undergoing ABC correction.
The corrective waves are in the form of 3-3-5 form and there are 4 more wave yet to come in the ‘C’ wave.
Hence we expect the pair to to move to the support levels of 1.15300.
The corrective waves are in the form of 3-3-5 form and there are 4 more wave yet to come in the ‘C’ wave.
Hence we expect the pair to to move to the support levels of 1.15300.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.