the EUR/USD managed to break above the resistance trend line (dotted red) and zone (orange box) after failing to break below the previous bottom (100% level). A bullish continuation could target the 144 ema close (green arrow).
The EUR/USD is likely to make a pullback first (orange arrow) before a larger bullish reversal is able to take place. The invalidation level of the wave 1-2 (purple) pattern remains at the previous bottom and 100% Fibonacci level.
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Good trading, Chris Svorcik