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BB-Trades

EUR/USD Bearish - Beginning of Wave 5 on Daily

Short
Euro / U.S. Dollar (OANDA:EURUSD)  
BB-Trades  
OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Elliott Wave elliottwaveprojection elliottwaveanalyis
3
1
trendanalysis chartpattern elliottwaves elliottwaveprojection elliottwaveanalyis
The 1D Chart shows EUR/USD beginning wave 5, which is the lowest of the impulse waves (in a bear trend -it is the highest in bull market).

This suggests the EUR/USD pair will return to the channel and continue a downtrend towards 1.067-1.041 over the next several weeks.

More EW of this pair in different time periods to be published shortly.
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