EUR/USD: Elliott Wave Analysis and Forecast for 23.05.25 – 30.05.25

Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.1127 with a target of 1.1750 – 1.2050. A buy signal: the price holds above 1.1127. Stop Loss: below 1.1070, Take Profit: 1.1750 – 1.2050. Alternative scenario: Breakout and consolidation below the level of 1.1127 will allow the pair to continue declining to the levels of 1.0900 – 1.0735. A sell signal: the level of 1.1127 is broken to the downside. Stop Loss: above 1.1180, Take Profit: