Another correction in EUR/USD is due this year

Discussion in 'Technical Analysis' started by nxt7, Jun 27, 2020.

  1. nxt7

    nxt7

    Currently just paper trading this but I have attached the chart for EUR/USD with identified price projections in Green. I’ve used Elliott Waves in a slightly different approach which works for me. I see the price falling by about 500 pips down to 1.07. If the March support is broken then possibly heading below 1.06, but have to wait and see.

    0B74CBAD-8AF5-4A1E-B1C0-4A445906C409.png
     
    Onra and Fx-Game like this.
  2. fredk

    fredk

    Don't try to be a Nostradamus by predicting where the market is going. Instead let the market decide and you then hop on for the ride.