EUR/USD have been consolidating lower in a corrective structure since December 13th, the move down is contained within parallel lines which gives more support that price will continue to the upside in a underlying Bullish trend. Price is currently being supported by the 61.8% fibonacci retracement level of the most recent swing low, The 3 wave corrective structure shuld come to a end this week and I am looking for Buy set ups
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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.