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Important level to watch out for EURUSD

FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             is in a complex correction structure. The first part is a triangle and then following a zigzag . Now it is coming to an important resistance level at around 1.14~1.146. If it breaks up, it can go up to 1.22 or higher. Otherwise it will retrace back to bottom of the rising channel .

It is quite interesting to see how it will go. There is a month chart of EURUSD             to compare.
Elliott wave analysis on EURUSD

Just wait for the confirmation.

Good luck for everyone!
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