Prices did pull back to our 1.0880/0850 zone to complete wave-4 and rally accordingly. A small bull triangle on the hourly chart suggests a bit of a different Elliott count on the daily chart and could signal that wave-1 will complete near 1.10. (daily) S/t, the aforementioned bull triangle has a projection target of 1.1001and wave-(v)=(i) at 1.1001. A failure at 1.10 should therefore be heeded as a correction would likely carry to the previous wave-iv low at 1.0860; that is also the are of a Fib retracements cluster. (hourly) Conviction: Med Levels: Support – 1.0943, 1.0930, 1.0861 Resistance – 1.0986, 1.1001, 1.1053
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