"Do Not Fall In Love with EUR Bulls" as price moves to a new high where optimism expands right within a 5th wave that may find 90% of traders on the wrong foot as everyone get too excited trading New Year. Limited Uptrend is following. Keep eye on Selling in Exact selling area of wave 05 ending.
Completing Wave (X) with limited upside and will turn back to Wave X soon. Forex Elliot Wave Analysis, Price Action, Chart Pattern, Forex Trading Signals, Fundamentals. t.me/forexelliotwavefx
EUR/USD has broken and closed above the 1.1976/78.6% retracement and in doing so targets the 1.2092 September high. This is now exposed and a break above here will target initially the 1.2168 50% retracement of the move down from 2015 high and then the 1.2414. Forex Elliot Wave Analysis, Price Action, Chart Pattern, Forex Trading Signals,...