EURUSD: Watch Price For Further Downside

Hi Traders,

EURUSD may be setting up for a potential expanding flat, in which case the target should be set structurally at 1.0944. Please note that during the holiday season, the markets are observing very thin liquidity so most brokers will widen their spreads. It is therefore important to trade cautiously and apply risk management.

Regards,
Wave Theorist
Elliott WaveelliotwaveanalysiseurusdanalysiseurusdselleurusdshorteurusdshortsetupFibonacciTechnical AnalysisWave Analysis

Disclaimer