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Wait for a sell from around 1.19600

Wait for a sell from around 1.19600 | 30 June 2021

30 June 2021, EUR/USD

Wave Analysis
During the previous trading day, we saw a momentum to the lowerside, however, euro is yet to reach any of our targets. As long as the price remains below 1.19600, we expect nothing but a possible momentum to the lowerside. The ideal is to resell the last impulsive wave (5) to the lowerside with the first target set at 1.18535. a breakout below this level will push the price much lower with the next target set at 1.174. And in case the price break above the level 1.19600, then further momentum to the upperside is expected with the next ideal target set around 1.20950, then further momentum to the upperside is expected.
Trade Recommendations:
Wait for a sell from around 1.19600

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Bob Stan
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