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Elliott Wave Analysis: EURUSD Intraday View

Elliott Wave Financial Service
By Elliott Wave Financial Service

EURUSD is rising sharply, too fast to label this recovery as corrective, therefore I adjusted the look and are tracking now an impulsive recovery; a five wave move that is in progress so expect more upside after a pullback into wave four. Short-term resistance is near 1.1000.

EURUSD, 1H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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