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28.11.2023 08:17 AM
Elliott wave analysis of EUR/USD for November 28, 2023

We are looking for a small flat correction to unfold. This means another dip to just below support at 1.0852 to complete the flat correction and set the stage for a new push higher towards 1.1054 and likely closer to the former peak at 1.1276.

In the longer term, we will be looking for a continuation higher towards the long-term target at 1.2930.

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