EURUSD

Spectrum analysis.

Stay bullish till the end of the year.

A short-run increase accomplished in a week.

Annual cycle analysis.

The same comes from annual and seasonal curves. Green seasonal line increase is not supported by fast annual line. It might be resulted in flat or fluctuated limited growth.

Turning points analysis.

Increase toward 1.2040 resistance.

Elliott waves analysis.

Further growth toward channel border approx at 1.2050.

ZZ structure.

L-1. After crucial level was violated the ZZ get bullish status and continues to be till crucial level of this rising sequence is violated. Currently this low marker is set at 1.0727.

L-2. A new high is expected set by bullish blue ZZ. Yet, it is not considerably exceeds 1.1916.

L-3. Crucial level for new rising green ZZ sequence is 1.1781 under which SL is placed.

Intraday Spectrum.

Green and red ZZs are both bullish. Set SL under crucial levels.