EUR/USD: bearish "High Wave"

EUR/USD: bearish "High Wave"

2610eurusdh4-2.png

There's a "Shooting Star", which has been formed at the local high. So, the price is likely going to continue declining until any bullish pattern arrives.

2610eurusdh1-2.png

The last bearish "High Wave" led to the current massive decline, but there's an opportunity to have a local bullish correction in the coming hours. If a pullback from the Moving Averages arrives afterwards, we could have another decline.

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