EU retracement/bearish wave inbound

OANDA:EURUSD   Euro / U.S. Dollar
Price seems to be consolidating at the moment holding around the 1.16 area. 1.16 is psychological support; if price breaks above the RSI we could see a retracement for the EU. But if price continues to move down then we might see another bearish wave going down as low as 1.155.


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