meszaros

End of EURUSD correction movement.

Short
OANDA:EURUSD   Euro / U.S. Dollar
End of EURUSD correction movement. The analysis assumes a double descending wave system. The figure shows that the wave axis (orange yellow line) is currently being tested. It can also be seen that the current wave axis points downwards, which also suggests that a further decreasing wave sequence may form. Therefore, it is advisable to take a 2RR short position from this level. Target price: 1.15874

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