Markets are slow, trapped in small corrective waves that could result in an even weaker USD in the sessions ahead. On the EURUSD hourly chart we are tracking a corrective wave B) down that appears incomplete as we need a three wave decline from the latest high. So the current minor recovery can be a subwave B so wave C down could be coming. A fall close to 1.0760/1.0820 may not be a surprise, maybe even a long opportunity if we get there. I will keep a close eye on that one.

EURUSD 1h Elliott Wave Analysis

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