The USD is moving sharply higher this morning particularly against the EUR, CHF and JPY. EURUSD finally took a hit and is now below 1.3300 support highlighted yesterday, which now opens the door for a new impulsive decline towards 1.3200. Traders who want to join the downside we recommend to wait on wave (iii) to unfold which and then watch for shorts in wave (iv) pull-back. Stay aside if market will move straight up from current levels.
EURUSD 1h Elliott Wave Anaysis
Wirtten by www.ew-forecast.com
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