We suspect we have to be patient as we allow the market some time to work through the key 89.00 pivot point. A clear break of this level confirms the end of a 3 wave decline from 93.40 and adds credence to our bullish view for a pullback to the start of the declining wedge pattern at the 1.0065 level. Below 87.05 at this point would diffuse the bullish outlook and threaten not only the 85.50
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