EUR/USD: Wave analysis and forecast for 20.05 – 27.05

Forex analytics:Estimated pivot point is at the level of 1.1284. Our opinion: Sell the pair from correction below the level of 1.1284 with the target of 1.1060.Alternative scenario: Breakout and consolidation of the price above the level of 1.1284 will allow the pair to continue the rise up to 1.1350 – 1.1450 as part of correction in the wave (b). Analysis: The decline in the pair continues and it is ...