EUR/USD: Elliott Wave Analysis and Forecast for 30.10.26–06.11.26

Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.1268 with a target of 1.1040–1.0895. A sell signal: the price holds below 1.1268. Stop Loss: above 1.1313, Take Profit: 1.1040–1.0895. Alternative scenario: Breakout and consolidation above the level of 1.1268 will allow the pair to continue rising to the levels of 1.1446–1.1650. A buy signal: the level of 1.1268 is broken to the upside. Stop Loss: below 1.1223, Take Profit: 1.1446–1.1650.Main S