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ew-forecast
Mar 15, 2017 10:29 AM

Elliott Wave Analysis: EURUSD Looking Down 

EURO / U.S. DOLLARICE

Description

On the 4H chart of EURUSD we can see price undergoing a minor bearish breakdown from the 1.0714 level, where a potential top for the correction in wave 2 could have been found. Well, if that is the case, then more weakness may be in store for the pair and ideally price will break beneath the wave x around the 1.0494 region in days ahead.
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