TimeWaveTrading

EURUSD analysis update

FX:EURUSD   Euro / U.S. Dollar
EURUSD has just hit a new low, so the daily supply zone is getting lower. Therefore, even if it rebounds, it is highly likely that a daily correction trend line will be drawn in the daily supply zone. In that case, the correction pattern becomes a running flat pattern and a down wave can come out again. We expect the last high of the running flat to hit on Monday.
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