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Elliott Wave Analysis: EURUSD Trading In A Minimum Reversal Lower

EUR/USD can be trading at the beginning of a minimum three wave reversal from the top as market show us an evidences of a top around 1.1445. The reason for a temporary bearish bias is an impulsive intraday decline that can belong to a bigger sell-off which can take the pair back beneath 1.1280. If NFP tomorrow will prove to be positive for the USD then pair can fall much lower, within a context of a higher degree triangle pattern as shown on a daily chart.

EURUSD, 4H

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