EURUSD rebounded from the support level by breaking previous highs.
The market is trading in the ascending channel. It closed above the psychological level at 1.1000.
Price created fibonacci inversion at the border of the channel.
We expect a double bottom formation or false break at support to confirm that bears have run out of steam.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is trading in the ascending channel. It closed above the psychological level at 1.1000.
Price created fibonacci inversion at the border of the channel.
We expect a double bottom formation or false break at support to confirm that bears have run out of steam.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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