EURUSD W-shaped recovery forming

EURUSD is rising after making a Double Bottom around 1.05265 and the 1day MA100.

We have a potential W-shaped recovery forming, off an oversold 4hour RSI.

Even though there are several Resistance levels in the way, including the 4hour MA50 and MA200 levels, are Target is 1.07800, straight the W-shaped recovery completion.



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