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Later, the market may then start a new decline towards 1. Later, the market may correct to correct towards 1. Later, the market may correct to return to 1. Later, the market may grow to return to 1. If later the price breaks this range to the downside, the market may form a new descending structure with the target at 1.
Later, the market may form a new descending structure to return to 1. Later, the market may start a new correction towards 1. After that, the instrument may start a new correction to return to 1. After that, the instrument may start a new correction with the target at 1.
Possibly, the pair may expand the range down to 1. After that, the instrument may correct to return to 1. After that, the instrument may correct to reach 1. Possibly, the pair may expand the range up to 1. After that, the instrument may resume trading downwards with the target at 1. Was the information useful for you? Categories Forex Analysis.
Most Popular Week. Forex and Cryptocurrencies Forecast for May 09 - 13, July COT report. In this case, the upside target may be at 0. After that, the asset may rebound from the resistance level and continue moving upwards. However, an alternative scenario implies that the price may correct to reach 0. At the moment, the pair is reversing in the form of a new rising impulse. If the price breaks the resistance area, the market may continue trading upwards.
In this case, the upside target may be at 1. Still, there might be an alternative scenario, according to which the asset may fall to reach 1. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
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