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Wait. | 24 May 2022

24 May 2022, EUR/USD

Wave Analysis:

During the previous forecast,we had anticipated that the price will rebound towards the upper trendline from the corrective wave cycle five.Right now, the price is rallying around the upper trendline.I expect a break above the upper trendline and a further bullish momentum,however,should the price bounce back to the lower trendline,I expect the it to go upto 1.0625 then rebound upwards,as of now we are on the sidelines.

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Bob Stan
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