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EUR/USD: First Hourly Up-Cycle Since Sept 24

FX:EURUSD   Euro / U.S. Dollar
After reaching the 400% fib proj level, the EUR/USD has violated the downcycle for the first time since Sept 24th.

This may lead to potentially carving out a more significant bottom on the pair in the near term.

For further explanation on how to read market structure, please refer to the related link below.

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