EUR/USD: Elliott Wave Analysis and Forecast for 13.11.26–20.11.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.1254 with a target of 1.0895–1.0728. A sell signal: the price holds below 1.1254. Stop Loss: above 1.1299, Take Profit: 1.0895–1.0728. Alternative scenario: Breakout and consolidation above the level of 1.1254 will allow the pair to continue rising to the levels of 1.1446–1.1650. A buy signal: the level of 1.1254 is broken to the upside. Stop Loss: below 1.1209, Take Profit: 1.1446–1.1650.Main S