In the current cycle of the low from 1.2660, we are in very bullish formation and at inflection point of previous resistance. On the break of that to the upside supported by breakout on the RSI after coiling suggest EURUSD could soon challenge 1.33 -1.34 area. It appears to be in extended 3rd wave of the current cycle
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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.