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EURUSD 1W Large Bullish Scenario

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FX:EURUSD   Euro / Dolar A.S.
Overview:

  • This chart is showing signs of a potential large bullish wave
  • we analyze now the Wave Three 'III' ( the green one) from the big 5 impulse wave.

Expectations:
  • Wave 1 is not yet finished
  • Once the price rises above the entry point, Wave 1 is expected to continue rising and end around 1.12298
  • After Wave 1 is complete, Wave 2 will start and is expected to end around 1.098
  • Once Wave 2 is complete, an extended Wave 3 is expected to occur

Note:
  • This scenario is just one of the analysis scenarios and, in my opinion, it is unlikely to happen.
  • For more information, please check the monthly analyses and other scenarios.
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Penafian

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