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 1.1700 which we don’t have. We are waiting for the price reaction on 1.1700 for the trade entries.
USDJPY
The pair has completely invalidated the downside count by breaking above 105 …
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LEARN ELLIOTT WAVE ANALYSIS IN COMBINATION WITH PRICE ACTION!
