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EUR/USD Looking For a Strong Turning Point
EUR / USD already makes two huge triangle formation in : -May 28 : 1st reversal in level : 1.3787 -June 16 : 2nd reversal in level : 1.3743 -July 8 : 3rd reversal in level : 1.3831 After 3rd reversal the market trading on a start of a new uptrend that will lead into new highs toward 1.4296 and then entering bullish scenario with next target to 1.4363. A break of the 1.4230 area will confirm that scenario. Entry point in 1.4230 is suggested considering its bullish scenario. Recently prices have already traded up to 50 % retracement area above 1.4065 , breaking 61.8% Fibonacci level at 1.4115 and entering its new ... (full story)