On the EURUSD chart, we can see that the pair is swinging inside the wedge after a break above the important 1.16500-1.171000 zone. Now this zone is coming as an upside continuation support along with the 50-61.8% retracement of the last swing up. Look here for a reaction and a possible upside continuation. Only a daily close below the 1.16100 would invalidate another upside swing from here.
Note: look for the long trade entries with a stop loss below the 1.16300 level.
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