"bearish pressure was applied on EURUSD earlier around 1.2800-1.2840 The bears are now pushing towards price zone of 1.2600-1.2620 projection target of the double-top pattern. Around this price zone, bullish recovery should be seeing to 1.2700/30…"
USD Index is moving higher, now threatening the 86.10 swing after recent rally out of a downward channel. We assume that market already accomplished a corrective retracement in wave 4 and that current leg up can be wave three as part of a new impulsive cycle heading above 87.USD Index 4h Elliott Wave Analysis…See More
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