Since EURUSD has ended the final Elliott wave, it has been moving sideways simply because it's in the process of a major correction.
By now, it seems clear that an ABC correction is in the process and we are probably in the BC section since the price has broken below a rising channel which consists of 2 bullish waves.
This week, we will wait for an upward pullback towards 1.2120 -1.2150 to sell, targeting 1.89 and beyond.
By now, it seems clear that an ABC correction is in the process and we are probably in the BC section since the price has broken below a rising channel which consists of 2 bullish waves.
This week, we will wait for an upward pullback towards 1.2120 -1.2150 to sell, targeting 1.89 and beyond.
