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21.07.202207:33 विदेशी मुद्रा विश्लेषण और समीक्षा: Elliott wave analysis of EUR/GBP for July 21, 2022

Exchange Rates 21.07.2022 analysis

It has been a little over a month since we last looked at this cross. Not much has happened since then, but we are seeing more clear signs of a bottom developing for the next impulsive rally towards 0.92070 and ultimately higher towards 1.0592.

Short-term we are looking for a firm test and break above the neckline resistance of the S/H/S bottom near 0.8705 and a break above here will call for the expected rally towards 0.9270 and ultimately above too.

Support is seen at 0.8394 which ideally should act as a floor.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

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