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EUR/USD: 'High Wave' led to decline

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The 144 Moving Average has acted as resistance, so there's a 'Shooting Star', which led to the current decline. Also, we've got a 'Three Methods' pattern, so the market is likely going to test the next support at 1.1569.

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The last 'High Wave' led to the current decline. The main intraday target is the lower 'Window' (1.1600). A pullback from this level could be a starting point for an upward price movement towards the nearest resistance at 1.1656.

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