The EURUSD correction may continue. The analysis shows that the ascending wave sequences (green square) are the same size (1x). The correction response waves given to these (1x, 2x, 4x) wave sequences marked with a red square are doubled. Therefore, if we keep in mind the law of the wave sequence, it can be assumed that the 4x wave sequence now follows. Briefly, it is double the previous correction wave sequence. The target price is 1,16981
Commentaire:
Long-term EURUSD motion trajectory forecast.(based on fractal calculations)