EUR/USD Support Seems To Be At 1.1790


Traders will focus on today, so will be important to track especially as they may bring on important topic such as inflation which they may decide to fight it. So hawkish tone can be positive for the pair, and technically this may not be a surprise either as we see nice three waves down on EUR/USD. A rise above wave b swing high may put bulls back in action. Lower support is at 1.1790.

EUR/USD 4h Elliott Wave Analysis Chart

EURUSD Elliott Wave

EURUSD Elliott Wave

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read more here

See also  Trading Support and Resistance