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SMTMi
Jan 11, 2022 9:26 AM

EURUSD - Yearly trendline reached and showing support reaction Long

EUR/USDOANDA

Description

The very strong yearly trendline resistance that was broken upside in July 2020 is currently retested acting as support.
Montly M pattern could be completed with a market price going to the neckline of the M pattern or at last to the 0,382 of the Fibonacci ratio of the downward impulse.
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