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ew-forecast
Jun 1, 2016 10:22 AM

Elliott Wave Analysis: EURUSD Finishing A Zig-Zag Long

Euro Fx/U.S. DollarFXCM

Description

On the 30 min chart of EURUSD, we are observing an idea of a higher degree zig-zag labeled as a-b and c that can be coming to an end, as price is now already trading near the termination point of blue wave A. That said we believe that pair may slow down a bit for a correction in wave (4) before again reaching higher levels in wave C.

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Comments
UnknownUnicorn251843
Nice call. Thanks for the analysis.
ew-forecast
you're welcome!
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