EURUSD failed to cross over Fibonacci 0.786 for the second time in 1 week. This is bearish short term.

Long term though, it is rising after the first 4hour Golden Cross in 5 months (more specifically October 26th).

Though a pull back to Fibonacci 0.382 is possible and would be a gift, our long term Target is intact at 1.10250.


Previous chart:

EURUSD broke into long term bullish territory again


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