With this pair we have seen a channel break, push to the upside followed by a retracement (which created a higher low), price tried to push higher again however ended up consolidating.
We are going to wait for a slight pullback on this pair to the local support area, and then if we see rejection of this, look for the longs.
EUR strength is expected next week following Lagarde's comments last week
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.