EUR/USD formed a bullish pinbar last week, and Friday's bullish range expansion formed part of a 3-day bullish reversal (morning star pattern). It appears an important swing low formed on Thursday, and any pullback towards Thursday's high will catch our bullish interest.
Prices are flirting with a break below 1.10 ahead of the European open, and perhaps we'll see a bearish spike or two before bullish momentum returns, although prices are holding above the weekly pivot point.
AN initial target is 1.1020, then on to Friday's high.
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