Greetings everybody,
Friday's sharp reversal was a bit irrational from technical point of view. This is the reason why we think that EUR could show deeper retracement.
At the same time, we do not cancel yet our daily bullish scenario with upside action to 1.19 area, but have to switch from simple AB=CD to "222" Buy pattern due recent price action.
For detailed intraday analysis, targets and patterns please visit our signature link, dedicated to EUR analysis. Also you will find fundamental research on perspective of world crisis in 2020.
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