EURUSD: Bullish Impulsive Structure

eurusd-4H1

EURUSD 4h Elliott Wave Analysis
Traders, I am observing a new very interesting bullish count for the EURUSD. I am tracking an impulsive move which has room for much higher levels and reason for this view is very simple; I just want to get involved if those breakouts and current direction (weak USD) is for real. With that said, I will keep an eye on pull-backs; that would be wave iv) that could start unfolding from around 1.3520-1.3585 wave iii) resistance area. If this count is correct, then EURUSD should make a daily close around current levels (1.3500) or higher. Patience!
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Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for Capital Forex Group and TheLFB.com. He also is founder of forex services on www.ew-forecast.com. EW-Forecast.com provides technical analysis of the financial markets, highlighting behavioral patterns based on the Elliott Wave Principle (EWP). Website: http://www.ew-forecast.com