EURUSD broke the 1.1200 price action last week but then pulled back strongly to 1.1070 region which is exactly the Fibonacci range of 38 - 50% in 4 HR chart as above. Coincidently, this pair is consolidating now to make sure it doesn't go below 1.1070 region. If the next candle posted a green candle above the current pin bar, then this may help to resume the current bullish channel to move again to the 1.1200 region.
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