In this analysis of EURUSD we will look at the price action from two angles – conventional technical analysis and then the Elliott Wave Principle. As you will see, the two methods confirm each other, giving us a one-sided view for the Euro versus the US dollar. First we will examine the conventional point of view, where we need only two trend-lines, in order to form an opinion. eurusd line As you can see, we have drawn a rising trend-line, from which price had bounced up three times during the
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