The impulsive wave (v) failed to clearly break above the level 1.1195. As long as the price remains within the boundaries of the previous day's lowest low and highest high, we choose to remain flat, we're expecting a possible break above 1.1198 to confirm a possible continuation to the upper side and should break above 1.1421 and could continue much higher, on the flip side, should the price bounce off from 1.1198, then this will give us a good place to consider a long term sell order.
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