Perfectly as previously forecasted, euro remains above supportive trendline and is still pretty much above this level. As long as the price remains above this level, we expect nothing but a possible momentum to the upperside. The anticipated bullish price rally is the unfolding of an impulsive wave count and should break above 1.14450 towards 1.17464. A clear breakout below 1.12310 will push the price to the lowerside towards 1.10890, a break below this target will push the price even lower.
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