EUR/USD Forecast. Elliott waves analysis | 18 August 2025

eur_usd_forex_2The price failed to make the expected final minor upward surge. Instead, a sharp decline towards the lower boundary of the предполагаемый initial diagonal triangle began immediately.

Currently, there is a weak recovery attempt. However, if the price manages to rise, it will likely be a minor movement within the предполагаемой correction. After this, the price will resume its downward trajectory, forming a complete bearish zigzag.

Therefore, after this minor upward movement, it is recommended to look for opportunities to enter sell trades.

Investment idea: SELL 1.1670, SL 1.1700, TP 1.1560.

EURUSD: SELL 1.1670, SL 1.1700, TP 1.1560

Origin: FreshForex

 

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