EURUSD Roadmap==>>1-hour time frame

Jul 5, 2024

EURUSD is moving near the Resistance lines and Potential Reversal Zone(PRZ)($1.084-$1.081).

According to Elliott's wave theory, EURUSD seems to be completing the Expanding Ending Diagonal.

Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.

I expect the EURUSD to decline at least to the target I have specified on the chart.

Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

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Jul 5, 2024

Trade active

Jul 11, 2024

Note

CPI indexes will be announced in less than 5 hours, so be careful of your positions

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