EUR/USD Wave analysis and forecast for 12.08 – 19.08

Forex analytics:Estimated pivot point is at the level of 1.1046 Our opinion: Buy the pair from correction above the level of 1.1046 with the target of 1.1345. Alternative scenario: Breakout and consolidation of the price below the level of 1.1046 may trigger further decline in the pair to 1.09 - 1.08. Analysis: Presumably, the formation of the upward correction as the wave b of 2 continues. It seems that ...