Wait | 06 January 2023

06 January 2023, EUR/USD

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Wave Analysis

EURUSD having competed the impulsive 5 wave pattern ,is currently correcting to the down side.the price has moved below the minor corrective wave a, this indicates that we're on a short downtrend, this is the right time to sell ,with a tight stop loss just above the minor corrective wave "a" that is 1.05420 and take profit at 1.03380.

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Bob Stan
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