There would be a bullish movement to point D. Gartley Pattern
Due to formation of falling wedge, there is a chance of along entry
Based on elliot waves , 5 waves upside pattern is completed, there is a chance that eurusd will get short today.
The pair is making falling wedge pattern, so there is a hope for increase in the momentum towards bullish side.
AUDUSD will be bearish for a while. The pair could advance towards the 0.7730/70 price zone on a break above 0.7675, while a disappointing outcome and a break below 0.7600 could see the pair retesting the year low at 0.7531. Markets are optimistic about their return after a long weekend, weighing on the greenback. US Treasury yields are on the rise, which may...
TP1- Tp3 are highlighted. Catch if you can..
It seems to be 5th wave, this provides confidence to stay bullish in market.
EURUSD will take short position. Don't panic with abrupt movement.