EUR/USD: Elliott Wave Analysis and Forecast for 17.07.26–24.07.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.1483 with a target of 1.1124–1.0892. A sell signal: the price holds below 1.1483. Stop Loss: above 1.1530, Take Profit: 1.1124–1.0892. Alternative scenario: Breakout and consolidation above the level of 1.1483 will allow the pair to continue rising to the levels of 1.1790–1.2088. A buy signal: the level of 1.1483 is broken to the upside. Stop Loss: below 1.1435, Take Profit: 1.1790&nda