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Mehreen_Yasin
Feb 9, 2017 7:10 AM

EURUSD Forecast | Elliot Wave forecast for 9 February, 2017 

Euro Fx/U.S. DollarFXCM

Description

EURUSD made 5 wave downside and is now in correctional phase. My EURUSD Forecast remains bearish. EURUSD made a low near 1.0640 and completed wave (v) and then made (a) of [2]. I am expecting wave (b) of [2] to complete near 78.6-90% Fibonacci retracement of wave (a). My intraday EURUSD Forecast is bullish while I am bearish as a whole. My forecast will turn bearish again once a corrective pattern looks completed.
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