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Forex EURUSD Elliott Wave 1 + 4 hr 15 April 2019

Forex EURUSD Elliott Wave 1 + 4 hr 15 April 2019

Forex-EURUSD-Elliott...

Forex EURUSD Elliott Wave 1 + 4 hr 15 April 2019

Eur/Usd 1 Hour Chart
Tuesday, 15 April 2019 at 13:12 GMT

EURUSD spiked down, but there's no overlap, which means that wave 4 didn't come in the territory of wave 1, so EURUSD still can see 1.1330 – 1.1350 area for wave 5/c before a bigger decline.

eurusd1hr04-16

 

Eur/Usd 4 Hour Chart
Tuesday, 15 April 2019 at 06:55 GMT

No change.
EURUSD moved quite sharply down from 1.1450 area in March which we thought it will cause a break below 1.1170 level. However, price bounced from the lower side of a trading range so it appears that more complex correction is in progress; ideally triangle in wave b. That been said, price may stay sideways but still limited upside around 1.3350 can be seen while the break to the downside may occur later this month.

eurusd4hr04-16

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