EURUSD is sitting at an important confluence area comprising of support zone, 61.8% Fib, and broken daily trendline. The pullback to this level can be easily labeled as a double zigzag in wave (ii) as you can see in the 30 minutes chart below.
Price is expected to resume the wave iii of (iii) of 3 rally from or near the current market price as long as the "current invalidation level" remains intact.
What's your thought on EURUSD? Let me know in the comment.'
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