EURUSD: Elliott wave analysis and forecast for 29.03.24 – 05.04.24

Main scenario: consider short positions from corrections below the level of 1.0942 with a target of 1.0688 – 1.0613.Alternative scenario: breakout and consolidation above the level of 1.0942 will allow the pair to continue rising to the levels of 1.1141 – 1.1350.Analysis: a bearish wave of larger degree A is presumably completed on the daily chart. A bullish wave B started unfolding, with first wave 1 of (A) of B and corrective second wave 2 of (A) of B formed as its part. Apparently