The 1 hour chart of EUR/USD has been forming Elliot waves The long term corrective wave 'A' may be or may not be ended as long as the supportive trend line holds, the pair will remains in bullish scenario for next lower high if the trend line, the pull back can be expected deeper with the 'B' wave formation after then it will be expecting one more upside rally 'C' wave.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.