Hello Traders, please check out my previous ideas.
Continuing from the previous analytical scenario, if the euro stabilizes above the red zone (crossing the weekly Bollinger midline), the price can climb up to the right shoulder.
In the opposite scenario, if the price does not follow the conditions of the previous scenario, the price can fall to around 1.07676.
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if EURUSD stays above the yellow area in daily timeframe. the bullish scenario will be more probable.