Hi. The Eurodellar market is counted in the form of Elliott waves. Eurodlar after hitting 5 ascending waves entered the correction and completed its A and B waves, as well as the pattern of the head and shoulders of the roof. So he broke his shoulder line and now he has hit his pullback. This is a very important area where the market can go in two directions. The first is to have a complete pullback and wait for the fall for the big C wave, and the second is for the pattern to fake and continue its upward trend.
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