During the previous trading day, Euro plunged to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. As long as the price remains below the previous day's lowest low, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of an impulsive wave count and could see the price break below 1.17 towards 1.5 or even lower.
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