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EURUSD – Bearish impulse to move on – February 3rd, 2021

Wave ((ii)) might have been in place as a zigzag. Also, there’s a downward impulse, which supposed to be the first wave of wave ((iii)). In this case, as long as the market remains below 1.2087, the opportunity to have a further decline in wave (iii) will be in force.

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