has potentially completed the wave 5 of the Flat correction
on the higher degree time frame which is Wave IV correction. What this means is that the down trend resumes for the EURUSD
and would break the previous lows. USDOLLAR
Index is also showing the same chart patterns of Expanded Flat correction
giving confirmations. One can go short on this pair with stop loss and targets as shown on the chart. A great risk reward
potential on this trade.
Please do your own analysis before taking any positions.