EURUSD 4 HR Elliott Wave Count
Not much changing here yet today. The big picture here is that I expect the pair to continue a corrective move higher as long as 1.08792 holds. How that corrective move plays out exactly is hard to say and predict at this point. Continue to look for higher highs/higher lows. If the 1.10663 low gives, it does not mean the corrective move higher is complete but a different Elliott Wave pattern is playing out. If that low gives I might consider this LEG of the correction complete and look for a 3 wave move down for an X wave before higher again. AGAIN, the main level is 1.08792.
EURUSD 4 HR Elliott Wave Count |