DoctorSLO
Short

EUR/USD forecast for the next 20 days

FX:EURUSD   Euro / U.S. Dollar
From the basics of price action we have:
IH: initial high
IL: initial low
LH: lower high
LL: lower low

In the past, the price targeted exactly that 1.272 Fibonacci extension , which is at 1.095. If we apply the same principle for the next wave, we can also spot a support at the 1.272 extension , which is at 1.085.

The other scenario is the inverse head and shoulders pattern! So keep an eye on the important levels.
Comment: Fibonacci, not fibonachi (can't edit) :D
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