Eurusd It is declining until it creates a positive divergence. Also, when wave b is shallow from 1, it is not possible for wave 2 to be shallow its Harmonic Eliot Waves So the reasons for the fall: 1- Creating bullish divergence in 4-hour timeframe. 2-Harmonic Eliot Waves says we need a deeper correction 3-Classically, the uptrend occurred with the weekly resistance and also the uptrend line was broken. Therefore, the most reliable support that can prevent the fall is the weekly support, in the range 1.18800-1.18500 4-The last candle of the day cast a long shadow on its high resistance , Which indicates a failed test to climb as well as a failure to start the ascent
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