The price spiked 100 pips overnight because of the EU decision about immigration and hit the 1.16640 level, WM3. A potential Descending Triangle is forming, so is better to remain bearish. We can see the Future MM2 1.15689, Future WM2 1.15807 which can be the possible buy zones this Friday. Remember to be cautious, we are still on a downtrend.

EURUSD-daily

EURUSD-4H-1

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