Elliott wave analysis of EUR/USD for July 13, 2023

There was no time for a small corrective decline to 1.0943 before important resistance at 1.1033 gave away for the next impulsive rally higher towards 1.1444 and 1.1821 before the ideal 1.2005 target. Short-term we expect the former resistance at 1.1033 now to act as support if a small corrective decline is needed before testing the 1.1444 target.