The EUR/USD 60 minute chart is in an uptrending cycle as the Continuation Channel Up support is being tested. The swing relies on buyers supporting the uptrend line of the pattern which is currently sitting near 1.4555. Support will extend down to the 1.4497 because the Wave doesn’t trigger a swing until 1.4523 and this makes for a large swing buy “zone” with more conservative entries near the Wave’s 34ema high.
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