EURUSD can fall a little more

Hi traders,

Last week EURUSD made a correction to the fib retracement 38.2 and dropped to the former demand area. We think this pair will fall a little more to complete the correction and after that it will make the last impulse leg up (wave 5).
So this week you can look for short term sells. At the moment there is no setup for us.

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This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.

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Eduwave Trading