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15-Apr-2020 07:14

Green wave (i) formed an impulse labeled orange waves i through v.

Green wave (ii) is likely forming an expanded flat labeled orange a, b and c.

This presents a range of resistance that the market will probably struggle to test, and at which green wave (ii) as a whole should end.

This count expects the euro soon to resume moving towards the downside in green waves (iii). At 1.0176 green wave (iii) would reach 100% the length of green wave (i), then at 0.9988 it would reach 161.8% of its length.

Blue wave 3 is forming an impulse labeled pink waves i through v.

Within it, pink wave iii is forming an extension labeled green waves (i) through (v).

This wave count is invalidated by movement above 1.0670 as green wave (ii) may not move beyond the start of green wave (i).

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Read about the channel releases in Overview of update channels for Office 365 Pro Plus and learn about managing updates for users in your organization in the Change management for Office 365 clients model.

– Invalidation Point: 1.0670 – Confirmation Point: 1.0352 – Downwards Target: 1.0176 – 0.9988 – Wave number: Minuette (iii) – Wave structure: Motive – Wave pattern: Impulse Elliott Wave chart analysis for the EURUSD for 21st December, 2016. The bigger picture sees that black wave (C) is likely forming an impulse labeled blue waves 1 through 5.

Within it, blue wave 2 formed a double combination labeled pink waves w, x and y, retracing nearly 50% of blue wave 1.

(These targets are calculated from the point where green wave (ii) would retrace 38.2% of green wave (i).) This wave count is invalidated by movement above 1.0670 as green wave (ii) may not move beyond the start of green wave (i).

This alternate daily count sees that blue wave 2 is forming an expanded flat labeled pink waves a, b and c.

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