Long lower shadow on Tue's candle reinforcing the underlying bullish chart
Overall scope is for eventual gains towards the major 1.2197 Fibo
1.2197 Fibo is a 76.4% retrace of the 1.2349 to 1.1704 2021 (EBS) drop
However, bulls should mindful of the failure to close above the 1.2103 Fibo
1.2103 Fibo is 61.8% of the same 1.2349 to 1.1704 drop, possible "bull trap"
Bearish USD bets rise as the medium-term chart darkens nL1N2MI0KN
EUR/USD Trader TGM2334. Previous update nL1N2MJ2W2
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