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⋅ Hello everyone…
While we could see additional weakness following a daily close below 1.2000, it does not mean the bullish momentum is gone
On Friday the EUR/USD forex market reversed up strongly overnight from below, and a bull bar closing on its high on the 4H chart.
The EURUSD could potentially head toward 1.23+ in the next couple of months or so.
Always use a stop loss to protect your equity and trading with your own risk.
Good luck!