The 1 hour chart of EUR/USD has been forming Full Elliot waves Pattern.
The long term corrective wave 'A' may or may not be ended
as long as the supportive trend line holds, the pair will remains in bullish scenario for next lower high
if the trend line , the pull back can be expected deeper with the 'B' wave formation after then it will be expecting one more upside rally 'C' wave.
The long term corrective wave 'A' may or may not be ended
as long as the supportive trend line holds, the pair will remains in bullish scenario for next lower high
if the trend line , the pull back can be expected deeper with the 'B' wave formation after then it will be expecting one more upside rally 'C' wave.