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FX.co ★ Elliott wave analysis of EUR/USD for July 13, 2023

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Forex Analysis:::2023-07-13T03:56:56

Elliott wave analysis of EUR/USD for July 13, 2023

Elliott wave analysis of EUR/USD for July 13, 2023

There was no time for a small corrective decline to 1.0943 before important resistance at 1.1033 gave away for the next impulsive rally higher towards 1.1444 and 1.1821 before the ideal 1.2005 target. Short-term we expect the former resistance at 1.1033 now to act as support if a small corrective decline is needed before testing the 1.1444 target.

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