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EUR/USD has seen an overlapping structure from 1.0448 best described as an expanding diagonal. This pattern was completed at 1.0756. This means that a correction now should be unfolding towards the bottom of sub-wave four between 1.0514 to 1.0565 before the next impulsive rally higher towards 1.1073 and above.
Short-term we will be looking for support near 1.0633 and 1.0565.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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