Jandara

EURUSD Falling in a fifth wave

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FX:EURUSD   欧元/美元
The decline below 1.1596 eliminated the alternate ending diagonal wave (v) which suggests wave (v) will continue to subdivide lower. Wave iii of (v) from 1.1728 will travel the same distance as wave i at 1.1377, but third waves often travel 1.618 times


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