Potential extended upward correction !

FX:EURUSD   Euro / U.S. Dollar
130 0 5
EUR is still fundamentally in the bearish trend . Anyway, due to weak Europe stock indices we can expect extended upward correction. I have placed Fibonacci expansion and I found Fibonacci expansion 61.8% at the price of 1.1040 and Fibonacci expansion 100% at the price of 1.1250. An important event will be at January 21. Be careful when selling EUR/USD             at this stage.
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