Elliott Wave Analysis Of EURUSD

I believe the EURUSD pair is at a very important bottoming point of a wave 2(B). There are high probabilities that wave 2(B) is complete and the first minor waves of wave 3(C) have already started to unfold.

(Click on image to enlarge)

(Click on image to enlarge)

I’m bullish EURUSD as long as prices are above the short-term red trend line support. I will be increasing my long exposure on a break above 1.1620 and 1.1810.

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