EURUSD extended its 5th wave in the descending move from 1.0830 which appears to remain an impulse structure. If Elliott wave count is correct, its likely to see EURUSD updating recent 1.0520 low.
Preferred sell zone is set at 1.0720, where descending neckline meets 61.8% Fibo retracement level and R3 pivot point.
Close below dynamic support zone 1.0640-1.0660 would confirm short signal.
Preferred sell zone is set at 1.0720, where descending neckline meets 61.8% Fibo retracement level and R3 pivot point.
Close below dynamic support zone 1.0640-1.0660 would confirm short signal.
