EURUSD Potential Buy
Updated
Potential buy
Chart is seen to be in a corrective phase, from daily (top-situated) channel within a bigger weekly channel.
Price might retrace to the 61.8 level, that is in confluence with both a strong support + Dominant angle trendline from the bigger channel. Then possibly see a break after some possible ranging, to the 61.8 extension level (also in Confluence with the Daily Resistance level = 1.1400)
...Patiently waiting!
Note
Price might shoot up to the 61.8 extension level (also in Confluence with the Daily Resistance level = 1.1400).....if and only if doesn't break (& close), below the Support!!Will look at it closely
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