EURUSD: Elliott wave analysis and forecast for 06.09.24 – 13.09.24

Highlights and key points Main scenario: consider long positions from corrections above the level of 1.1023 with a growth target of 1.1300 – 1.1500. A buy signal: if the price holds above 1.1023. Stop Loss: below 1.1000, Take Profit: 1.1300 – 1.1500. Alternative scenario: breakout and consolidation below the level of 1.1023 will allow the pair to continue declining to the levels of 1.0880 – 1.0773. A sell signal: once the level of 1.1023 is broken to the downside. Stop Loss: ab