EUR/USD: Wave analysis and forecast for 29.07 – 05.08:

Forex analytics:Estimated pivot point is at the level of 1.0960. Our opinion:Buy the pair from correction above the level of 1.0960 with the target of 1.1163 – 1.14.Alternative scenario: Breakout and consolidation of the price below the level of 1.0960 may trigger the decline in the pair to 1.08.Analysis:Presumably, the formation of the downward correction of the senior level continues, as the wave ...