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    HomeContributorsTechnical AnalysisElliott Wave Analysis: EURUSD Could Face A Significant Turning Point

    Elliott Wave Analysis: EURUSD Could Face A Significant Turning Point

    EURUSD reached new highs on Friday as expected after previous fall in three waves down to 1.1106 which was identified as a contra-trend move. As such, pair can be running into some final stages of a bigger recovery seen on daily chart, but there is still room for 1.1320-1.1360 area before some bearish reversal may show up this week.

    EURUSD, 1H

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