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comment | "parent_author":"",<br>"parent_permlink":"forex",<br>"author":"forexanalytics",<br>"permlink":"news-yea6m3oze2s-fnytisgaf2",<br>"title":"EUR\/USD: Elliott Wave Analysis And Forecast For 13\/03\/2020 \u2013 20\/03\/2020",<br>"body":"The pair EUR\/USD remains likely to grow. Estimated pivot point is at a level of 1.0875.\nMain scenario: short positions should be considered from corrections below the level of 1.0875 with a target of 1.0500 \u2013 1.0327.\nAlternative scenario:breakout and consolidation above the level of 1.0875 will allow the pair to continue the rise up to the levels of 1.1010 \u2013 1.1230.\nAnalysis: On the weekly time frame,<br> a descending correction of senior level continues forming and the fifth wave (5) of \u0421 is developing as part of it. On the daily time frame,<br> the first wave 1 of (5) formed and a local correction finished forming as wave 2 of (5). Apparently,<br> wave 3 of (5) started developing on the H4 time frame,<br> with the first wave of junior level i of 3 forming inside. If the presumption is correct,<br> the pair will continue to drop to the levels of 1.0500 \u2013 1.0327. The level of 1.0875 is critical in this scenario. Its breakout will allow the pair to continue rising to the levels of 1.1010 \u2013 1.1230. \n <center>[Original Post (https:\/\/www.investing.com\/analysis\/eurusd-elliott-wave-analysis-and-forecast-for-13032020--20032020-200517610)<\/center>",<br>"json_metadata":" \"community\":\"waivio\",<br>\"app\":\"investarena\",<br>\"format\":\"markdown\",<br>\"tags\":[\"forex\",<br>\"forextrading\",<br>\"investing\",<br>\"money\" ,<br>\"users\":[ ,<br>\"image\":[\"https:\/\/waivio.nyc3.digitaloceanspaces.com\/1578491933_72c4cc1d-4823-41a2-8606-df5184968d70\" ,<br>\"pubDateValue\":1584708060000 " |
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