On the EURUSD daily chart, we can see that the pair is testing the 55 WMA 1.14000 level for the upside reversal break that could lead to a test of the important 1.15220 level. The possible swing up will be invalidated only on a daily close below the 1.13600 level and this will mean that consolidation will continue,
Note: Look for the long trade entries with the stop loss below the 1.13600 level.
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