EURUSD under bearish pressure after the earlier breakout of the support area lying between the support level 1.1060 (which reversed the price twice in December) and the 50% Fibonacci correction of the previous upward ABC correction (2) from September.
The breakout of this support area accelerated the active impulse waves 3 and (3).
EURUSD is likely to fall further toward the next support level 1.100 (former double bottom from November).
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