The last day the pair has been showing indications of a downtrend according to Gregor Horvat from Elliott Wave Forecast. ?The price action slowed down in the past few sessions, which appears to be a traingle pattern, placed in wave iv), this is a continuation pattern, so pair should fall once again into a new low, towards 75.50/75, which will be wave v) of an impulsive decline from 80.22.?
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