selling pressure seems higher than buy in last 2 week and news and events confirms it
as plan a if i consider hole thing as a huge correction then i m going to expect a huge bounce back to up from Euro this week at 1.16500 weekly support level then it will hit 1.18300 again and will return to 1.15800
as plane b price will touch 1.16500 as a leading diagonal wave then it will start retrace to 84% fib + monthly and powerful resistance or 61% fib + 1.19100 h4 time frame level
and then we will see a huge rush down
Note
now we are in critic area if trend break this level down we will see another 2000 pip rush down . if not we should proper to buy . as dollar keep getting power we will see the first option with highest possibility
Note
pair still struggling to rush upper side but this place is so critic zone . if the latest daily high broke to up then the trend for may be a FEW MONTH WILL BE bullish with high amount of impulse energy . but if pair fail we are going to see rush down to latest 50% daily swing fib to complete C wave of the 4th wave .
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