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EURUSD. Rebuy the Euro from 1.13393.

EURUSD. Rebuy the Euro from 1.13393. | 01 July 2019

01 July 2019, EUR/USD

Wave Analysis:

After breaking above 1.13393, Euro is yet to show any clear signs of rallying to the upperside. As long as the price remains above 1.13393, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upperside and should breakout above 1.14700 or even higher. And on the flipside, should price breakout below 1.13393, then this will be a good place to look for a sell order towards 1.12835, a break below this target will push the price even lower with the next ideal target being 1.11280. A break below this level will push the price even lower with an ultimate target at 1.1000.
Trade Recommendations:
Rebuy the Euro from 1.13393.
Bob Stan
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