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Daily chart : The third consecutive breakdown of the lower envelope of the Bollinger occurs on the background of relatively low pressure ADX, which is fraught with turn down.

Four-hour EUR / USD Couple Schedule. Yesterday, the currency pair continued to move down and crossed the lower boundary of the oversold region, level (-2/8).

Euro expectedly failed below by updating the minimum once again. So far, everything is consisted within the framework of the proposed wave scenario, according to which the final wave of a downward pulse is currently developing, which is part of the correction of the host form of a simple zigzag.

EUR / USD: Rising Inflation Equals to Rising USD ALL US MACROECONOMIC STATISTICS TURNED OUT TO BE WORSE THAN FORECAST. But Despite This, The American Currency Continues to Grow.

The decrease in the pair continued, but not with such enthusiasm, which was previously. At the same time, the development of a third wave in the wave [5] of (c) is still assumed.