We are also in a bearish context on the hourly timeframe, aligning with all other timeframes. The primary target below is the obvious 1.067 level. Given that the target was not reached on Friday, it is likely that Monday and Tuesday will be exclusively correctional days. This pattern is not uncommon for EURUSD, where the main target isn't hit on Friday, leading to a continuation of the correction for the first two days of the week.
Be cautious and observe how the price reacts to these levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.