Contributors Technical Analysis EUR/USD Targeting The 1.1240 Area

EUR/USD Targeting The 1.1240 Area

EURUSD is trading in an impulsive five-wave cycle, ideally back to around 1.1240 resistance area for a higher degree wave C) and if we consider that there is room for more upside, then seems like 5th wave is still missing. So, be aware of another, maybe final leg up once a wave 4 fully unfolds.

EUR/USD, 4h

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