empty
 
 
20.03.2023 07:02 AM
Elliott wave analysis of EUR/USD for March 20, 2023

This image is no longer relevant

EUR/USD is in a position where we have two possible scenarios. We could have seen the low of wave 4 with the failure spike down to 1.0542, our preferred count. If this is the case, we should soon see a clear break above resistance at 1.0760 for a rally towards 1.1248 and above.

However, the alternative count shows that wave B only is nearing its completion and will be followed by a new low below 1.0542 once wave B is complete. This is not our preferred count, but at the time, we can't exclude this alternative scenario.

Torben Melsted,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback