As mentioned yesterday, EURUSD
is in corrective waves. My EURUSD
Forecast remains bearish
. According to Elliott wave
Forecast, it looks price completed the formation of wave (b) and is now going to complete the formation of wave (c). Looking for the resistance areas 1.0650-1.0690 to go short on this pair. Price is trading near the support level
of 1.0612. Support can push the price higher towards 1.0650-90. Look for reversal near resistance levels. Trade according to Trading Rules to avoid loss.