Elliott Wave Analysis: EURUSD Undergoing An Intra-day Reversal

Decline on EURUSD was no to clear on "bar chart", but on line chart the situation is slightly different and is matching perfectly with Dollar index count above. that said, euro is expected to stay bearish while it trades beneath 1.1000 area, but three wave set-back may show up, to 1.0950 resistance.


Disclosure:
We do not own any assets or share of the instrument mentioned in our outlook
Please be informed that information we provide ARE NOT trading recommendation or investment advice. All of our work is for educational purposes only.