Elliott waves analysis – We’re buyers towards 1.17

EURUSD – Up

Wave Analysis

EURUSD is currently trading with a bullish bias momentum following the recent break above 1.03085, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the last impulsive wave cycle and will see the price continue to the upperside towards 1.16 and will push us much higher. On the otherside, in case the price break below 1.03085, then we will be looking for sell positions.

Trade Recommendations:

We’re buyers towards 1.17

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