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We are looking for a small flat correction to unfold. This means another dip to just below support at 1.0852 to complete the flat correction and set the stage for a new push higher towards 1.1054 and likely closer to the former peak at 1.1276.
In the longer term, we will be looking for a continuation higher towards the long-term target at 1.2930.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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