BitcoinMacro

EURUSD two simple scenarios

FX:EURUSD   Euro / U.S. Dollar
1.15 is a key target that in my opinion could be hit. Until we see EURUSD close above 1.25, EURUSD remains somewhat more neutral/bearish in the short to medium term, although it is bullish long term. EURUSD has broken some key levels and is looking strong on high timeframes, but in the short term it is still range bound and could fall down to 1.14-1.15 where it will probably bounce strongly.

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