Ethusd dn 7% overnight and tested the parallel support zone 358$-354$$. On the H4 chart, A-B-C corrective structure pointing to 360$, whereas on the daily chart the same corrective structure pointing to 200.0$. The daily studies are remaining mixed. A move below 360$ could open gates to sub-300$, 270 and even 200$.
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Focus on 300-27< another wave of selling will take place
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Correction: Focus on 300-270< another wave of selling will take place