EURUSD

Bearish Outlook :

The last week’s persistent decline and closing below 1.1097, indicates the Euro’s bearish stance in an Intermediate-degree trend (as the wave (C) of Primary wave Y).

The expected target for the decline in wave (C) is around 0.95318, where equals 0.618 times the length of the wave (A) of the same degree.

EURUSD - Weekly

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