We see EUR/USD trading higher, now at the 61.8% Fib level, where a reversal may occur if we consider that there are a five sub-waves within wave c, and also resistance of the fourth wave of two lesser degrees.
We see EUR/USD trading higher, now at 61.8% Fib level where reversal may occur if we consider that there are five sub-waves within wave c, and also resistance of the fourth wave of two lesser degrees. We are waiting on a turndown, below current channel that should then confirm a weaker euro.
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