EURUSD was larger not too long ago, however not a lot. Pair slowed down once more in a short time round 1.14 stage which we see it as a really sturdy resistance.
On 4h chart, EURUSD stabilized after a pointy sell-off from 1.1600 that we see as an prolonged wave 3) that belongs to the continuing bearish impulse which can resume after a present rally.
We see the present gradual value motion as wave 4), now at 38.2% Fibonacci stage resistance the place pair could shift again to the draw back this month. Break beneath 1.1250 will make a room for a fifth wave transfer again beneath 1.1185.
EUR/USD 4h Elliott Wave evaluation
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