EUR/USD has continued it's appreciation today drawing a bullish candle However, the rise wasn't as large as in the 2 previous days. It started the day with a drawdown to around 1.1570 and then rose to 1.1625, but has retreated and is currently trading just below 1.16. As the uptrend has lost momentum today it may indicate that the 3rd wave in the 5 Elliot's wave movement is coming to an end and ahead we may have the 4th bearish wave. I think on Thursday we will see some depreciation. Bearish
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