EURUSD Nearing Short Opportunity

13 Ara 2023

The Nov. 28 - Dec. 8 decline looks impulsive, suggesting EURUSD is likely only in the second of a minimally 3-wave move down. If pair can break resistance at 1.08, would expect it to rally to the marked (orange) Fib retracement zone, then move into the third wave of the correction, which should set up a good short opportunity.