EURUSD is in retracement after a completed 5 wave going up. The possible target for the retracement is at 1.3250. The price is below the 21MA of h4 tf and just above the 100MA of the h4 tf. The intermediate support is at 1.3500. The intermediate resistance is at 1.3627.
EURUSD daily candle show a doji candle just above the 21MA of daily tf as the price rebound from the support area. The daily support area is at 1.3420 and resistance is at 1.3770.
By The Backyard Burner
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