EUR/USD : With the recent 3 wave corrective looking upswing, the equal price movement of wave “a” and “c” of larger degree wave “x”, RSI divergence, and the impulsive looking sell off recently, I’ve become more confident that we are probably headed much lower. Since the 50% retracement level was not reached by wave “w” back on Feb 14th, I’m still bearish Euro until that level is taken out. Like everything, only time will tell. Have a great weekend everyone!

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