Elliott Wave Weekly: EURUSD is still moving up

EUR/USD, Weekly chart. It remains unclear which pattern we’re going to have as a whole correction. It seems like the last decline was finished in the form of a double zigzag. On the other hand, the last upward price movement looks like an impulse. In this case, one way or another, the market should continue unfolding an impulse for wave ((C)) in the coming days.

EUR/USD, 12H chart. It seems like wave 4 might take the form of a double zigzag. If correct, a fifth-wave advance should move on in the short term, so we could see the price even higher.

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