EURUSD reached new highs in this week around 1.3415 from where we have seen a sharp fall yesterday , clearly in impulsive fashion. As we know, impulses show direction of a trend or change in trend, so we think that EURUSD has reached a temporary top and that pair is headed lower, minimum in three waves even if decline will be corrective. We will be tracking A-B-C legs to the downside. Pair could hit 1.3150 in the next few trading days.
Written by www.ew-forecast.com
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