Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD
EURUSD
EURUSD is swinging down in the 5th wave which could end at 1.2250 but more likely at 1.2600-1.2700 after this ABC 4th wave correction. Invalidation will come only in the case of a confirmed break below 1.1780 which we don’t have. We are to go long here against 1.1780 and will add only on a break above 1.1840.
USDJPY
The pair has completely invalidated the downside count by breaking above 105 …
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