Elliott waves analysis – We’re long

EURUSD – Up

Wave Analysis

EURUSD has been on an uptrend for the last few days just as we had anticipated and I expect this to continue. The market is yet to complete the impulsive V wave pattern. The market is currently at 1.08696. I expect this move to end at 1.11071 which is likely to be the end of the impulsive V wave pattern. if you are on a buy trade I advise you to hold the position since the market is likely to move continuously with the uptrend for some time. You place your take profit at 1.11071.

Trade Reommendations

We’re long

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