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Euro / U.S. Dollar

Possible Elliot Wave Analysis - EURUSD

By SPX5000
Euro is forming an expanded flat which could end at around 1.22 for a final push higher towards 1.26 to complete the uptrend which started from 1.0340 levels. If Euro directly breaks below 1.1961 before 1.26 then the top has already formed, but that probability is low at the moment so watch out for the rally from 1.22-1.26 before the impending big correction.

Good Luck Traders!!!
Elliott WaveEURUSDWave Analysis
SPX5000

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