Elliott Wave Forex EURUSD News 1-4 hr 20 November 2018
EURUSD 1 Hour Chart
Monday, 19 November 2018 at 8:27:00PM AEST
We see EURUSD turning up of-course, now underway to 1.1500 swing from November 06 which can be targeting for blue wave three cycle up from 1.1268.
EURUSD 4 Hour Chart
Friday, 16 November 2018 at 6:03:00PM AEST
EURUSD can be ending its complex decline, down from September highs as we see all three waves W,X,Y unfolded. Also price made a recovery at the 1.122 level, indicating that wave Y found a low, and that a minimum three-wave reversal to the upside is now in play. In such case, we would expect to see price reach 1.15 level in upcoming sessions. A breach above that level would confirm more upside.
That said, be aware of temporary pullbacks, that may join the trend.
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