EURUSD: Following the recheck and validation of the neckline breakthe market continued its descent down to a fresh trend lowhence fulfilling an absolute minimum target for the move, anew low. Looking forward more likely targets for the currentwave 5 should be sought at 1.2398, 1.2326 or 1.2220. Tomaintain a healthy downside momentum it is ratherimportant that a rebound ends below 1.2614.
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