elyte

elyte

Expected dip to move below 1.06568 in a journey to form the D leg of the triangle

elyte

Eur is expected to dip further against the Usd and a dip below the 1.000 level is very probably. The recent consolidation may continue further and break downside to confirm the continued bearish nature. The dip could be limited at 0.9830-50.

elyte

The bullish correction has already started with an impulse move. A zigzag correction further upside is probable. However, price will be expected to dip to the 158 zone to complete the second leg of the expected zigzag before the rally.

elyte

A triangle Elliott wave pattern is completing for price to resume downward pressures. A move to 107.77 is possible if price breaks the triangle downward. A candle break below should be enough for a short oppoortunity Visit my blog