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We're sellers towards 1.10995.

We're sellers towards 1.10995. | 13 December 2021

13 December 2021, EUR/USD

Wave Analysis

So far, nothing much appears to be happening on this symbol, as it is right now, we are watching for a possible rally to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (v) to the lowerside and should break below 1.10995 and may extend much lower. On the flipside, a break above the upperside, then we will be looking for a possible rally to the upperside and should break above 1.13729 and may extend much higher.

Trade Recommendations:

We're sellers towards 1.10995.

Bob Stan
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