Hello Friends,

Gonna keep it simple here, we have 2 possibilities here, either the double bottom is in play or a slight correction before we reach the resistance line.

COT data has a bullish bias for EUR strength, however we are overbought and can expect a little correction as indicated on this chart.

COT Report Click Here

Good Luck!
Cheers!
Chart PatternsTrend AnalysisWave Analysis

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