EUR / USD Wave analysis and forecast / Couple correction.
Sell the pair from correction below 1.1350, with the aim of 1.1050 - 1.0800. In case of breakdown of 1.1340 level, with the aim of buying 1.15 - 1.16.
Analysis: Presumably, formation of the fifth wave (v) of i of 3. Locally, most likely, has begun a correction as wave ii of 3, in which there is a formation of the first wave (a) of ii. If the assumption is true, it is logical to expect continuation of decrease in pair to marks 1.1050 - 1.0800. Estimated pivot point is at 1.1350.
Sell the pair from correction below 1.1350, with the aim of 1.1050 - 1.0800. In case of breakdown of 1.1340 level, with the aim of buying 1.15 - 1.16.
Analysis: Presumably, formation of the fifth wave (v) of i of 3. Locally, most likely, has begun a correction as wave ii of 3, in which there is a formation of the first wave (a) of ii. If the assumption is true, it is logical to expect continuation of decrease in pair to marks 1.1050 - 1.0800. Estimated pivot point is at 1.1350.
