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We're looking for low risk sell orders

We're looking for low risk sell orders | 04 June 2019

04 June 2019, EUR/USD

Expect sellers to dominate today

Wave Analysis:
During the previous trading day, euro pulled back to the upperside but is still pretty much bullish both on the daily and the weekly charts. As we mentioned in our previous forecast, as long as the price is contained below the resistance cloud formation, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should breakout below 1.10790 towards 1.054 or even lower towards 1.004.
Trade Recommendations:
We're looking for low risk sell orders
Bob Stan
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