After 3 levels of Drop, A " W" was formed and the uptrend was the new trend. EURUSD only did 2 Levels of rise which tells that there is a high probability chance of it finishing off another Level to the upside, However i do Expect a Stop hunt before going up again.
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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.