There's a possibility that eur/usd is ready to fall after what looks like a 5 wave decline followed by a zigzag correction. But this would require price to fall hard immediatly. Above the red line wave ii isn't finished yet.
I was born on July 20th 1983. I have been trading since 2007 and using Elliott Wave analysis since 2008. I also use trendlines, fibonaci, candlesticks and various indicators to determine a future direction of price.
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