EURUSD: After a temporary dip below 1.2419 the buyers took controlpushing the pair sharply higher and by doing so in a clearlyimpulsive manner confirming the next step higher. Ourprimary target for this correction higher is the 1.28/29-area(where 1.2888 marks the ideal target point as being thewave 4 peak and the start of the 5th wave falling wedge). Fortoday a minor setback likely to attract renewed buying in the1.2510/20-area.
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