The EUR/USD pair is likely developing a five-wave impulse. The key invalidation level for the current wave structure is at 1.04200. As long as the price remains above this level, there is a possibility of further growth and a test of the 1.05650–1.06 zone in the coming days.
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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.