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Wait. | 24 June 2021

24 June 2021, EUR/USD

Wait.

Wave Analysis
Just as in the British pound, Euro is yet to make any significant moves to the lowerside as previously anticipated. As it is now, we are waiting for a clear breakout above the previous day's highest high to pick a possible long term but towards 1.20940. If this level is violated, then further momentum to the upperside is expected with the next ideal target set at 1.21. On the flipside, should the price break below the previous day's lowest low, then further momentum to the lowerside is expected with our target fixed around 1.1383 and may extend much lower.
Trade Recommendations:
Wait.

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Bob Stan
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