#EURUSD 4 HR Elliott Wave Update
Trade Thoughts - Looking to short around 1.0777 against 1.0906.
Target - Below .9400
The EURUSD seems to be working on a wave (ii) up toward 1.0777. The pair is currently consolidating in a 4th wave with a finally spike higher when it is complete. The RSI is coming out of over bought so divergence is possible with the new high.
EURUSD 4 HR Elliott Wave Count
|EURUSD 4 HR Elliott Wave Count|