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EUR-USD Elliott Wave Analysis

FX:EURUSD   Euro / Dólar Americano
Eur-Usd after the three bullish impulse waves (1-3-5) is within the corrective phase. It is drawing an ABCXABC correction. We are exactly in the last wave C, and more precisely in the subwave II of wave C. In the chart, you can see the three target of subwave II where to open a short position as follow:

1/4 of the position at 1.23737
1/2 of the position at 1.23885
1/4 of the position at 1.24432

Stop in case of a daily close above 1.24432.

Aviso legal

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