FXStreetยท45 event signal
EUR/USD nears a turning point after prolonged consolidation
finance
Looking at the 4-hour chart, the pair even cleared 1.1220 and tested 1.1270 before the bears appeared. There was a minor pullback below 1.1250, and the pair started trading in a range. It tested the 50% Fib retracement level of the recovery wave from the 1.1113 swing low to the 1.1269 high.
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Source: FreeNewsAPIRead at FXStreet
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