Short term 1 week to 1 month
In Elliott wave perspective, we are looking for a corrective move back to $1.2215 in wave 4 before a final leg higher in Wave 5 to $1.2600/60
Long term Outlook 3mths to 1yr
On the weekly chart, the EUR/USD may find strong resistance @ 1.2645 in the coming weeks/month before resuming the downtrend again near year end 2018!!
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