Analysis of EUR/USD and GBP/USD for July 17. ECB Meeting Has Ended; the EU Summit Has Begun. News From the Leader’s Meeting of 27 Countries is Expected
On July 15, the EUR/USD pair lost about 30 pips, but this decline did not particularly affect the current wave counting. Thus, the instrument presumably remains within the framework of a wave 3 in 5 in C in B.
Jeff Wecker