Euro / U.S. Dollar

Elliott Wave Analysis: EURUSD Looking Down

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On the 4H chart of EURUSD we can see price undergoing a minor bearish breakdown from the 1.0714 level, where a potential top for the correction in wave 2 could have been found. Well, if that is the case, then more weakness may be in store for the pair and ideally price will break beneath the wave x around the 1.0494 region in days ahead.

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