As of February 20, the EurUsd trend has changed and the pair managed to rise from 1.08 to 1.15 in a very short time.
From the 1.15 top, the price has dropped about 200 pips and at the moment EurUsd is trading at 1.1320 and the correction seems to have ended.
As long as the price stays above 1.1270, I favor a next leg up towards and above 1.15.
From the 1.15 top, the price has dropped about 200 pips and at the moment EurUsd is trading at 1.1320 and the correction seems to have ended.
As long as the price stays above 1.1270, I favor a next leg up towards and above 1.15.
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