EUR/USD Bearish - Beginning of Wave 5 on Daily

The 1D Chart shows EUR/USD beginning wave 5, which is the lowest of the impulse waves (in a bear trend -it is the highest in bull market).

This suggests the EUR/USD pair will return to the channel and continue a downtrend towards 1.067-1.041 over the next several weeks.

More EW of this pair in different time periods to be published shortly.
Chart PatternselliottwaveanalyiselliottwaveprojectionElliott WaveTrend Analysis

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