RSS EUR/USD: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

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 RSS EUR/USD: Elliott Wave Analysis and Forecast for 06.12.24 – 13.12.24

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Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 1.0703 with a target of 1.0193 – 1.0000. A sell signal: the price holds below 1.0703. Stop Loss: above 1.0730, Take Profit: 1.0193 – 1.0000. Alternative scenario: Breakout and consolidation above the level of 1.0703 will allow the pair to continue rising to the levels of 1.0790 – 1.0940. A buy signal: the level of 1.0703 is broken to the upside. Stop Loss: below 1.0680, Take Profit: 1.0790 – 1.0940. Main Scenario Consider short positions below the level of 1.0703 with a target of 1.0193... Read full author’s opinion and review in blog of #LiteFinance
 
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