Yesterday EURUSD rose to 1,0620. This is a resistance level and 50% correction of the last drop.

It is still possible to see another upside move to 61,8 before the bearish movement continues.

Upon confirmation we will be looking for entry with target previous low and reaching 1,0440.

The scenario breaks up on rise above 1,0700.
breakoutcandlestickpatterncorrectionEURFibonaccipriceactionsignalsignalsSupport and ResistanceTrend AnalysisUSD

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