Home Forex Analysis And Forecasts EURUSD Is Looking Bearish For 1.2700

EURUSD Is Looking Bearish For 1.2700

EURUSD has been falling sharply for the last couple of months and forming an extended decline from 1.3700 which we think it represents wave 3) within a larger bearish trend. As such, current price may extend much lower, even to 1.2700 before we get a corrective rally of a larger degree, back in wave 4).
This bearish move was already anticipated on our past update
EURUSD Daily Elliott Wave Analysis

EURUSD Elliott Wave

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