Elliott waves analysis – We’re sellers towards 0.9370

EURUSD is currently in a pullback mode. While the price does not clearly break and close above the upper blue line, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of an impulsive wave count and will see the price rally towarrds 0.9370 and will likely extend much lower. On this chart, we are looking at a possible long term sell position towards 0.9370.

We’re sellers towards 0.9370