EUR Bulls have shown their muscles.
But was rejected hard after the spike into 1.39
After some profit taking, I see a channel up build towards that 1.39 again.
Price rejected the 61.8 and now the 50 % retracements.
So I believe still the 1.61 extension price of 1.42637 is into play (but that I see more happening towards the summertime in june)
For this I put the channel lines and spots to touch in the daily screenshot.
A 4 hour screenshot will show details of the start of the trend movement.
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