PHILOOS
Long

EURUSD Elliott waves development

FX:EURUSD   Euro Fx/U.S. Dollar
194 0 5
We are begenning the C wave target 1.22-1.26 in the <eeks coming. If not, a possible ABCDE development can take place. But I don t see for the weeks coming movement to the down under 1.00.
Logically if we respect the elliott wave theory we are in this kind of waves. But mistake is always possible.

To sumup :

ABC or ABCDE AND DOWN