EUR/USD: Wave analysis and forecast for 29.04 – 06.05.

Forex analytics: Estimated pivot point is at the level of 1.1269. Our opinion: buy the pair from correction above the level of 1.169 with the target of 1.16 – 1.17. Alternative scenario:breakout and consolidation of the price below the level of 1.1269 will allow the pair to continue to decline to 1.1130 – 1.1040. Analysis: presumably, the formation of the correction as the wave (ii) of iii has ...