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EURUSD : No Stopping The Bears

EURUSD made another strong leg down last week when price broke well beneath wave 1) swing low, through 1.0900 which suggests that pair is now in a red wave 3). Third waves are usually the strongest so we stay bearish on EURUSD for now towards 1.0600 that can be seen in the next couple of days. Invalidation level is at 1.1070; as long it will hold trend is down, but we will likely change our view if pair would go back above 1.0900.

EURUSD, 4H

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