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Forex EURUSD Elliott Wave 1 + 4 hr 17 February 2020

Forex EURUSD Elliott Wave 1 + 4 hr 17 February 2020

Forex-EURUSD-Elliott...

Forex EURUSD Elliott Wave 1 + 4 hr 17 February 2020

Eur/Usd 1 Hour Chart
Friday, 14 February 2020 at 08:32 GMT

EURUSD is still bearish, currently making a five wave fall down from 1.0925, so no evidence of a low yet. But I would expect a higher corrective rally when trendline is broken.

eurusd1hr02-14
 

Eur/Usd 4 Hour Chart
Friday, 14 February 2020 at 07:34 GMT

EURUSD keeps moving lower, but with five waves from 1.1238 January high, which can represent start of a bearish trend. We labelled a five-wave drop in final stages, which can face support/bullish turn into a temporary three-wave correction at the 1.083/1.079 region.

eurusd4hr02-14


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