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EURUSD Possible Bullish Correction

Por TheSocialInvestor
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EURUSD is creating a nice wedge looking for a breakout, sitting on the monthly 61.8% fib and monthly/weekly price reversal zone. We did have a break and close below the support zone on the 4 hour chart creating another LL & LH. Further confirmation is needed to take a position. Although the EUR has been extremely bearish this week, my bias is bullish for some correction room before a break of the monthly prz and continuation to the downside.
Nota
70+ pips if you followed analysis, sold on monthly prz rejection & bearish engulfing

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Chart PatternsEUREURUSDTrend AnalysisUSD
TheSocialInvestor

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