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EUR/USD Elliott wave analysis

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#EUR/USD# EUR/USD   Elliott wave analysis

Hello,
Hope you all had a great trading week
Here's a suggested elliott wave analysis on the EUR/USD ,
If this is correct, we are now on wave 5 and the initial target is the 123.6% of wave 4, around 1.21070.
Good luck

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meniratyu
In view of the decrease in volatility, a 1.1680/1.1820 range could be enough to contain the price action in EUR, at least for a couple more days.
Momentum indicators are mostly ‘neutral’ and EUR could continue to consolidate for now, expected to be within a 1.1735/1.1795 range.

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