EUR/USD: Elliott wave analysis and forecast for 20.09.24 – 27.09.24

Highlights and key points Main scenario: consider long positions from corrections above the level of 1.1065 with a growth target of 1.1400 – 1.1600. A buy signal: if the price holds above 1.1065. Stop Loss: below 1.1000, Take Profit: 1.1400 – 1.1600. Alternative scenario: breakout and consolidation below the level of 1.1065 will allow the pair to continue declining to the levels of 1.0880 – 1.0773. A sell signal: once the level of 1.1065 is broken to the downside. Stop Loss: ab