EURUSD

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EURUSD to move on – February 9th, 2021

The market is moving up, so I had to adjust the wave count.It seems like the last decline is just the second wave of wave (5). If correct, the price should break the high of wave 1 soon.

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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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EURUSD – Bearish impulse to move on – February 2nd, 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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EURUSD – Bearish impulse to begin soon – January 25th, 2021

We can’t rule out that wave (v) of ((v)) is already in place. If so, the current decline could be the beginning of a downward correction. As we can see on the 15M chart, wave ((ii)) might have been in place as a zigzag. In this case, a third-wave decline should begin shortly.

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