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FX.co ★ Elliott wave analysis of EUR/USD for June 21, 2023

Elliott wave analysis of EUR/USD for June 21, 2023

Elliott wave analysis of EUR/USD for June 21, 2023

EUR/USD is set to move higher towards solid resistance at 1.1033. Once this resistance is broken, the next stop is not seen until resistance at 1.2007 and more likely closer to the 1.618-time wave 1 resistance at 1.2928.

Support remains seen between 1.0785 - 1.0831.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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