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Guest Commentary: EUR/USD Hourly Cycle is Ending

Guest Commentary: EUR/USD Hourly Cycle is Ending

Eric Morera, Technical Strategist

EURUSD 1 Hour Elliott Wave Analysis video showing hourly cycles from 11.21 and 11.7 coming to an end as pair hits the top of orange zone. A 3 wave pull back is expected soon in the pair, break of 1.3619 would confirm pull back has started. We don't like selling the pair unless wave (( a )) unfolds as a 5 wave move.

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Eric Morera, Elliottwave-Forecast.Com

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.