Elliot Wave Analysis: EUR/USD 1H Positioning

 | Apr 26, 2017 02:10PM ET

We're completing wave 4 after a real-bullish motive as wave 3 which led EUR/USD to 1.095. There's a possible reversal around 1.082 up to 1.084 to complete corrective wave as subwave "C" and it may have an Uptrend rally. If it can break above 1.093 resistance level, we can have wave 5 started later this week.