EURUSD is clearly bearish and it can be trading near support area, but we don't see any significant bounce yet. We remain bearish within an ending diagonal for now, but if we get an impulsive bounce followed by a break above important channel resistance line and 1.1550 area, only then we may consider a bullish reversal!
On EURUSD we are observing a minimum three-wave bearish movement in play, with price now breaking lower into wave C which has room for 1.1300 or even 1.1250 area. We are observing a EW ending diagonal in wave C, that can once completed push price into a strong, bullish rally.
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