FX:EURUSD   Euro / U.S. Dollar
Last week, EUR/USD had consecutive big bear bars closing near their lows. Also, the 2 bars were a breakout (below a bear channel). Traders expected at least a small second leg sideways to down. The past 3 days met the minimum expectation. However, a breakout below a bear channel typically begins to reverse up within about 5 days. Today is the 7th day and so far has a small bull body.

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