HomeContributorsTechnical AnalysisEURUSD Can Rise above 1.108 Area - Elliott Wave analysis

EURUSD Can Rise above 1.108 Area – Elliott Wave analysis

EURUSD just hit the first support level, from where we may see a continuation higher without any deeper pullback. If price manages to go back above 1.1084 region, then we may see even an acceleration within wave “iii” towards 1.115/1.116 region, otherwise keep an eye on support #2. Invalidation level remains at 1.0990.

EURUSD, 1h

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