FX_Rhapsody

EURUSD Analysis

Long
FX:EURUSD   Euro / U.S. Dollar
My outlook on EURUSD for this coming week. Price retraced strongly to the are between 70.5% and 79% Fibonacci retracement area, again forming a "possible" neckline to complete the Inverse Head & Shoulders pattern. COT report show a stronger net position for the EUR indicating a push to the upside this week.
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