EUR/USD continues to follow the expected path lower towards the ideal corrective target seen at 1.0498 to complete wave 4 and set the stage for a new impulsive rally in wave 5 towards 1.1360 - 1.1390.
Short-term we see minor resistance near 1.0626 that ideally will cap the upside for more downside pressure towards the 1.0498 target.
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