EURUSD made a
three wave rally in this week which has been expected in wave 4, but now pair
is already turning lower again after completed zig-zag at 1.3000 psychological
level. We can see that price broke through the lower side of a corrective
channel which is a very important evidence for further EURUSD weakness, this
time to 1.2680/1.2730 for wave 5. Critical level now stands at 1.3000; bearish
trend below it.
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