Daily Forex Trading Strategy #EURO - Double Zig-Zag Targets



The break of the 1.4280 medium term peak clears a path to the next 1.4415 target and possibly the 1.4630 level. A rally of this magnitude would offer equality from the initial 1.2870 to 1.3855 rally and offer a window for downside reversal. Thus be wary of a failure in this range and breach of 1.4200 uptrend support and more importantly the 1.3855 pivot to confirm reversal. (Ref: 5439)

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