Main scenario:\u00a0<\/strong>long positions will be relevant from corrections above the level of 1.2238 with a target of 1.2560 \u2013 1.2650.<\/p>\n Alternative scenario:<\/strong>breakout and consolidation below the level of 1.2238 will allow the pair to continue declining to a level of 1.1915.<\/p>\n Analysis:<\/strong>\u00a0Supposedly, an ascending impetus continues to form inside the first wave of senior level (1) within the 4-hour time frame. Apparently, the fifth wave v of 5 is forming now, with a local correction of junior level (ii) of v completed and the wave (iii) of v starting to develop\u00a0 inside. If the presumption is correct, the pair will continue to rise to levels 1.2560 \u2013 1.2650. The level 1.2238 is critical in this scenario. Its breakout will allow the pair to continue declining to a level of 1.1915.<\/p>\n EUR\/USD Wave analysis and forecast for 23.03 \u2013 30.03 The pair is still likely to grow Estimated pivot point is at a level of 1.2238. Main scenario:\u00a0long positions will be relevant from corrections above the level of 1.2238 with a … Continue reading ![\"\"](\"http:\/\/www.forexguru.pk\/wp-content\/uploads\/2018\/03\/EURUSDH1.png\")
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