EURUSD before NFP

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Another day of major news causing huge fluctuations.

After the ECB’s announcement yesterday, we saw a correction to 1,0900 which is exactly 61,8 of the previous impulse!

The direction remains unchanged and we will look for new buying opportunities upon confirmation.

The idea breaks down on a drop below 1,0800.

Upon a rise, the target is a break of 1,1030.

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