EURUSD broke through 1.1260 support after strong decline yesterday with a daily close outside of the range, so we assume that corrective blue wave (4) is now finally complete. If that was the case then it was a triangle placed in wave (4) so market should then continue straight down in sessions and days ahead. We anticipate five wave decline to a new low, probably to 1.0800-1.0940 area.
EURUSD 4h Elliott Wave Analysis
EURUSD Elliott Wave

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