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MARKET COMMENTARY:
1. The price action looking here like a triangle formation for me as i shown and will took more time too.
2. This triangle may be in wave iv) or wave X) and expecting more downtrend to 0.7050 for v) or a).
3. Invalidation for this pattern is high 0.7430 and the target mentioned above.
4. It can break the low and bounce if it is a running triangle.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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