EUR/USD: price to test nearest resistance

EUR/USD: price to test nearest resistance

Information is not investment advice

There's a bullish 'High Wave' pattern, which hasn't been confirmed yet. However, it's likely to have an upward correction, so we should watch the nearest resistance at 1.1221 by the last 'Three Methods' pattern. The subsequent pullback from this level could be a starting point for another decline in the direction of the next support at 1.1011.

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