Hello traders,
EURUSD keeps moving lower, now in the middle of a higher degree wave 3 and unfolding its sub-wave iii. That said, be aware of a temporary recovery into a sub-wave iv, once sub-wave iii finds a low, ideally at current levels. Resistance and a new turning point for the pair can later be at the 1.085/1.088 zone.
EUR/USD, 4h
Also check our newest VIDEO analysis below about the EURUSD,
Trade well,
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