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EURCHF Eyes Deeper Pullback Before A Continuation Higher
EURCHF remains in a corrective phase following a completed five-wave impulse, signaling that the broader trend may still favor further upside. However, in the short term, the pair could extend lower within subwave C of wave (Y) as part of a complex corrective structure labeled (W)(X)(Y). The current decline may target a support area around the 0.9100 level before buyers potentially regain control and resume the broader upward move.
www.wavetraders.com
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