After rebounding from the group of lower fibo-levels, Europound
continues growing. It’s highly likely that during the day the pair may
reach new highs and soon after that – the closest upside target at
0.7500.
As we can see at the H1 chart, after rebounding from the local
retracement of 50%, the [air has resumed moving upwards. In the nearest
future, the market may reach its targets and then start another
descending correction.
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