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Elliott Wave

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Elliott Wave View: $EURUSD Rallying in Zigzag

Short Term Elliott Wave View in EURUSD suggests the decline from February 10, 2022 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from February 10, wave (1) ended at 1.0806 and rally in wave (2) ended at 1.1185. Pair then resumes lower in wave (3) and ended at 1.0348. Wave (4) corrective rally is presently in progress with internal subdivision as a Zigzag Elliott wave structure. Up from wave (3) low on May 13, wave ((i)) ended at 1.04384 and di...

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