I'm not following the Euro news, economy, and politics, but based on the technical analysis, currently, my chart shows that potentially EURUSD has already reached the bottom. The price is now at the broken weekly trendline and the bottom of the potential falling wedge pattern. When the falling wedge pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam.
This analysis is purely based on the technical analysis, but next week maybe EUR Monetary Policy Statement and ECB Press Conference could be the catalyst to push EUR higher to breaks the upper falling wedge line.
Invalidation: - This analysis fails if the price breakout and close below the weekly down trendline.
Zoom out the weekly chart
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Target 1, Done
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Target 2, Done
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BREAKING NEWS:
Euro-area inflation unexpectedly accelerates to an annual record of 5.1%
Bro technical analysis only 1% the rest is depend on big players game. Many banker predict euro will continue to fall due to eurozone crisis. So don't trade against big players you will lose money.