As ECB meeting approaches, here are several scenario to monitor:
- pattern - Completion near 1.13 - Will become valid if $EURUSD will break above the 200 line
- pattern - Aggressive C sell scenario - Valid as long as price remains below 1.1 - Sell 1.09 and target completion near 1.06 (blue pattern).
- pattern - For the extreme bears among you - Sell 1.09-1.1 and target 1.05 and 1.02, pattern completion (green pattern).
Tomer, The MarketZone
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