The euro/usd pair was trading to the downward for the past couple of months. As off now from a technical perspective this pair have unfolded a 5 waves movement and is ready to start trading higher. If price still manages to create a new low around 1.08 and RSI is still printing a bullish divergence then it will give a chance to see a nice reversal to the upside targeting at least wave 4 of the previous cycle.
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