Let's look at EURUSD and see the current price action on it. We have noticed that the pair has printed a double bottom with its neckline violated. I anticipate an upward momentum from the violated neckline. Let's keep in mind that CPI will cause a lot of volatility in the pair and we could expect a spike to the downside before heading up. My targets are 1.08022 and 1.10214 in the case of a bullish run.
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