This post covers the short and long term possible Elliott wave counts for EUR/USD currency pair.
The monthly chart below shows the possible long term bullish counts for the currency pair. If correct, EUR/USD might have made a long term bottom in March 2015.
The weekly chart shows the above wave D in detail. In this, wave c almost equals wave a, while wave b looks like it formed a running triangle.
Going further shorter term the daily chart shows the advance since the bottom made in March. Looks like it may have completed wave 1 of the new upward trend and now correcting in wave 2. There is a possibility that this wave 2 is also now complete or about to complete. Blue wave (c) is 1.38 times wave (a).
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