The exchange rate of EURUSD before the 0.5% decrease...

The decline in the exchange rate may slow down. The wave axis can go up to a correction level of 1.1260. We expect a rise from this level. The increment can build a 1.1260-1.1420 lane (yellow rectangle). In this province, multiple people may turn to the exchange rate. Then we expect a downfall and a further downward rate.

Trade closed: target reached