CollegeofPips

EUR/USD Respecting The Elliott Wave Structure ✍️

Short
OANDA:EURUSD   Euro / U.S. Dollar
As we can see the from the picture, the EUR/USD managed to complete the five waves upward and then faced a strong daily support.

This daily support could prove difficult to be broken and might to lead to a reversal.

This reversal might be translated into three wave downwards which are known by Elliott Waves A - B -C.

Let's see if the drop will occur in the next few days.

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