Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD
EURUSD
Is likely looking to finish the five waves down. Look for the invalidation of the further downside and finish of the five waves down upon a confirmed break above 0.9700 and a test of 1.000o for a complete upside correction which we have now. A break above 1.0550 is required for the acceleration and five down waves finish confirmation. The next considerable upside resistance which will further validate a complete reversal and the complete change of the count to bullish is 1.0754 which we have now we just need a confirmation.
USDJPY
The pair has completely invalidated the downside count by breaking above 118…
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