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EURUSD, Elliot Wave Analysis
9/5/2022 11:54 AMA fall is possible.
On the daily chart, the downward wave of the higher level C of (B) develops, within which the fifth wave v of (C) forms. Now, the fifth wave of the lower level v of C is developing, within which the wave (v) of v of C is forming. If the assumption is correct, the EUR/USD pair will fall to the area of 0.9800–0.9700. In this scenario, critical stop loss level is 1.0082.
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