EU_chart 09.12There is ongoing upward correction on EUR/USD H4 chart. Looking at the yesterday maximum we can assume that there is a broader space for some increases. But firstly, price have to defeat the yesterday high – after that, the rate should go higher and reach the downtrend line.

It seems, that yesterday high can be used in the short term – but in the broader perspective we can also wait for decreases near the trend line (it will be much safer due to the downward momentum).

EU_screen 09.12

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