On EURUSD we are tracking wave C/3 to the downside, which is an impulsive leg, so we need five waves down form 1.1139. At the moment we see price in the middle of a strong third wave, so we can expect more downside after any corrective bounce. Invalidation level is at 1.1077 - as long as this price is not breached, EUR will remain under pressure. EURUSD, 1H
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