SeM0
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Current Price: 1.3270
Resistance Levels: 1.3400, 1.3620, 1.3900, 1.4000
Support Levels: 1.3120, 1.3030, 1.2830, 1.2450
We are now already in the possible reversal zone for the C wave (1.3340 – 1.2980). Once the C wave gives confirmation of completion and we get indications of a short term rise, we can then look to buy eur/usd with a target close to the 1.3740 area. Subsequently, we expect to see a further fall in the parity of the pair.
Resistance Levels: 1.3400, 1.3620, 1.3900, 1.4000
Support Levels: 1.3120, 1.3030, 1.2830, 1.2450
![101129-eurusd-daily-300x186.gif](/proxy.php?image=http%3A%2F%2Fwww.thetradingsolutions.com%2Fwp-content%2Fuploads%2F2010%2F11%2F101129-eurusd-daily-300x186.gif&hash=55c369913ef2fb2869ef50b51928f1d0)
We are now already in the possible reversal zone for the C wave (1.3340 – 1.2980). Once the C wave gives confirmation of completion and we get indications of a short term rise, we can then look to buy eur/usd with a target close to the 1.3740 area. Subsequently, we expect to see a further fall in the parity of the pair.
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