Correction is completed, the probability of growth of the pair EUR/USD remains. Estimated pivot point is at the level of 1.1191
Main scenario: “long positions” are relevant from corrections above the level of 1.1191 with the target in 1.1328 – 1.1413.
Alternative scenario: breakout and consolidation below 1.1191 will allow the pair to continue to decrease to 1.1100 – 1.1000.
Analysis: within the framework of the daily timeframe, the formation of a downward correction of senior level as the second wave 2 has presumably completed, it took the form of a zigzag with a diagonal in the wave (C) of…
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