EURUSD spiked down, but there's no overlap, which means that wave 4 didn't come in the territory of wave 1, so EURUSD still can see 1.1330 – 1.1350 area for wave 5/c before a bigger decline.
EURUSD moved quite sharply down from 1.1450 area in March which we thought it will cause a break below 1.1170 level. However, price bounced from the lower side of a trading range so it appears that more complex correction is in progress; ideally triangle in wave b. That been said, price may stay sideways but still limited upside around 1.3350 can be seen while the break to the downside may occur later this month.
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