the EUR/USD is testing the 21 ema zone on the daily chart and could make a bearish retest of the support first of all. The same is true for the GBP/USD which could easily create a bearish ABC pattern.
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The EUR/USD is expected to make a bullish bounce and breakout towards the -61.8% Fibonacci target at 1.1925, which is a key zone for a bearish bounce or wave 3 continuation.
The GBP/USD is expected to test the support zone first and also make a bullish bounce.
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