EURUSD Elliottwave Technical Analysis and Forecast for Jaunary 2016: Short term bullish

Talking Points:

• EURUSD Technical Strategy: Bullish
• Elliottwave Count: Impulse Down Trend insight but short term bullish trend forming.

We are bullish on EURUSD and trying to build positions to go long. Current chart suggest we have expanded flat correction and current price action is completing it's wave c of ii or wave B in complex correction. However in both cases, we can look for bullish movement in this pair and expecting to see 1.12 area before any downtrend kickoff.

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