InvestMate|EUR/USD Another wave of declines💶💵

💶💵EUR/USD Another wave of declines.

💶💵Post is a direct continuation of the previous post:

💶💵After a beautiful wave of declines, the American session brought increases.

💶💵They stopped at first line of resistance. Resulting from the cluster of the level 0.5 of the entire downward wave and 0.382 of the largest upward correction.

💶💵I determined the first support zone based on the cluster of the level 1.272 of the current downward wave and the double bottom.

💶💵I determined the second support zone based on the cluster of the 1.272 level of the largest upward correction after the downward wave and the 1:1 level of the same upward wave.

💶💵The scenario I'm playing out is a rebound from the resistance zone and a continuation of the southward movement.

💶💵*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.

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Trade closed: target reached

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