Important support at 122.53 is still holding firm and should continue to do so for a rally higher towards 134.62 to complete the wave d of the triangle consolidation. Once the wave d is complete a final dip in wave e should be seen before renewed upside pressure is seen through resistance at 125.31 for a rally towards 134.35.
We are long EUR from 123.55 with stop placed at 122.45. Take profit is seen at 124.50
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