EURUSD: Bullish Impulsive Structure

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!

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 He also is founder of forex services on provides technical analysis of the financial markets, highlighting behavioral patterns based on the Elliott Wave Principle (EWP). Website: