EWA-tokyo

EURUSD, Elliott wave analysis

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
■Outlook of EURUSD on 1D chart.
We are on sub-wave (c) of Wave D shown as Red-line.
The internal waves of the sub-wave (c) are an impulse with 5 waves.

If the assumption is correct,
sub-wave ⅳ on the lower degree will be completed soon and sub-wave ⅴ will start.
Probably, The target of sub-wave ⅴ will be 1.110 to 1.098.

The Wave D on the Upper Degree will end soon.
When the Wave D is complete, the trend will switch to an up-trend.
The next wave is the last wave E.

■Jan 9 idea,
■Oct 30 idea,

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