It looks like EURUSD will first go up for a retracement at the 50% Fibonacci Retracement ratio at 1.21560, and then will continue its downward trend again.
Note
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
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Disclaimer
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.