EURUSD is in a reversal area (between 23-78% fib...if price hits 78% fib will expect strong impulse) for a bullish move. This move could stop at the monthly trendline or continue breaking out of this flag pattern. This could also be the C-leg completion of a major and minor ABC pattern...impulse to follow.
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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.