EURUSD came lower as expected, broke into the fifth wave we talked about last few weeks, and it finally moved into important support levels at 1.02 area. Notice that we are actually tracking the final leg within this downtrend from 2024 high, so ideally its wave C of a higher degree A-B-C correction, meaning that pair can stabilize still some time this month, ideally after the completion of an ending diagonal around important and golden 61,8% Fibonacci retracement. Even RSI is showing a divergence. A bounce in impulse back above 1.0435 will suggest that low is forming.
EURUSD Daily Chart We talked about EURUSD in our live webinar on Monday 13 2025, so if you are interested in detailed view and more analysis like this, then you can watch a recording below:More By This Author:More Downside On Exxon Mobil To $100 When Crude Pulls-Back
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