Price Looking at 1,16

FX:EURUSD   Euro / U.S. Dollar
42 0 1
Next serious resistance comes in around 1,16 with a confluence of pivots
(Monthly R3/Weekly R2 and Daily R3) PA is parabolic and the AB=CD pattern
with target at 1,18 sharp is the destination on the Weekly Timeframe . A bounce
off 1,16 may give a good opportunity to go long, aiming for 1,18.
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