πŸ“Š Euro Currency Index (EXY) – Monthly Chart

πŸ”Ή Wave Structure: Wave 3 bottomed in 2022, followed by a corrective Wave 4 rally inside a bearish channel.
πŸ”Ή Current Setup: Wave 4 has topped near the upper channel boundary, with price showing rejection signs.
πŸ”Ή Outlook: A bearish decline into Wave 5 is expected, with targets aligning around the 90–95 zone.
🎯 Long-Term Target: Wave 5 completion around 92 before a potential super-cycle bullish reversal.
⚠️ Invalidation: A breakout above 123 would challenge the bearish continuation.

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