EUR/USD was tracked bullish at 1.1189 and expected to remain bullish peaking at wave 4 at 1.1230 - 1.1313

Dear Traders,

EUR/USD was tracked bullish at 1.1189 and expected to remain bullish peaking at wave 4 at 1.1230 - 1.1313 (according to Elliot Wave theory, chart can be viewed below).

Currently EUR/USD slanted on landslinde volatility, showing investors' hesitation. Prior to that, German Manufacturing PMI was released slightly below expected score at 52.1, while Euro Zone PMI scored at 51.5 as expected.


Technical Analysis

Consider looking at this graphic to aid your trading decision this day, this graphic is in h4 resolution with Elliot Wave theory to read the upcoming pattern.

EUR/USD