In yesterday's analysis, I expected EU to re-test the 1.2140 minor support zone followed by upwards continuation, which was exactly what the market performed. In today's trading session, I will remain neutral bias and be aware of potential ranging condition at current price zone. I do expect EU to test the 1.2220 resistance zone 1 by the end of Friday's session.
The overall trend on the higher timeframe remains bullish.
Trade safe.
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The overall trend on the higher timeframe remains bullish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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Previous analysis
