EUR/USD is the gift that keeps on giving and continues its descent.
Personally, I think that it will stop, at least temporarily, when it reaches
the support at 1.3330-1.3320 and might even begin a corrective recovery up to
1.3420 which is 23.6% Fibo, or it might even continue up to 1.3480 which is
38.2% Fibo. In the 4 hour filter it appears to be forming a double, maybe even
a triple bottom but only time will tell whether that assumption is correct.
After it has reached 38.2% Fibo the price should continue, I think, its
descent.
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