EUR/USD: Elliott waves (June 2)
By Roman Petuchov
Weekly. The wave [D], which is part of convergent horizontal triangle, is complete. At the moment we are seeing a decline in the correctional wave [E] of B.
Chart. Weekly EUR/USD
Daily. We are seeing the construction of the first downward impulse of a new corrective trend. The most important task for the near future is to determine the point of completion of the downward momentum and the beginning of correction.
Chart. Daily EUR/USD
H4. The wave  is fully equipped with waves of junior level. Most likely, the construction of correction  has already begun. In the coming days we’ll see the upside correction.
Chart. H4 EUR/USD