FX:EURUSD   Euro / U.S. Dollar
AFTER A STRONG RESISTANCE PRICE HAS NOW BEGUN A RETRACEMENT DOWNSIDE IN WHICH I FEEL THE 0.38 LEVEL WILL BE HIT TO SEND PRICE BACK TO THE UPSIDE TARGET AS THAT FIB LEVEL IS IN CONFLUENCE WITH THE DAILY MID RANGE.

WE COULD SEE FURTHER RETRACEMENT BUT IVE STILL GOT A OVERALL BIAS TO THE UPSIDE TARGET = 1.50

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