RSS EUR/USD: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25

[Crax Bot]

Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.0425 with a target of 0.9950 – 0.9526. A sell signal: the price holds below 1.0425. Stop Loss: above 1.0475, Take Profit: 0.9950 – 0.9526. Alternative scenario: Breakout and consolidation above the level of 1.0425 will allow the pair to continue rising to the levels of 1.0940 – 1.1224. A buy signal: the level of 1.0425 is broken to the upside. Stop Loss: below 1.0370, Take Profit: 1.0940 – 1.1224. Main Scenario Consider short positions from corrections below the level of 1.0425 with a target of 0.9950... Read full author’s opinion and review in blog of #LiteFinance

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