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EURUSD Daily Elliot Wave Analysis
EURUSD
, 1D
Short
EURUSD: EURUSD Daily Elliot Wave Analysis
Apr 4, 2024

After completing the first upward Impulse wave, we've seen a downward correction in the form of Wave A, followed by a complex correction Wave B forming an ABCDE triangle pattern. Now, as the triangle appears to be completed, we anticipate the breakout of Wave C to the downside, with expectations of it continuing towards the Fibonacci 61.8% retracement level.

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