FosuaForson

EUR/USD move to the upside daily view

Long
OANDA:EURUSD   Euro / U.S. Dollar
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1
In this example it shows that the 61.8 retracement did not
hold. Its clear to see that the power of the triple bottom zone
was more powerful than the retracement alone, which caused
price to pause there with some indecision but up mostly rise above.

In addition price also made a bearish engulfing ton the weekly