EURUSD is higher about we warned you yesterday when we recognized a downward corrective retracement to 1.1215 which is now labeled as wave B). An updated count shows that price is currently in wave C) that trades now at resistance near 1.1400-1.1500 area so ideally rally from start of September is near completion. We expect a bearish reversal in days ahead, but from a confirmation point of view we need an impulsive drop back beneath 1.1300 first. Only then we will call end of a corrective retracement.
EURUSD 4h Elliott Wave Analysis