EURUSD has started to form a really strong reversal signal at 1.2058 ( , , swing high resistance, divergence, price action) and all these point towards a potential drop towards 1.2011 intermediate support (38.2% , horizontal pullback support) before 1.1972 major support (61.8% , horizontal pullback support).
(34,5,3) is seeing major resistance below 97% and a potential corresponding reaction could occur at this level.
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This analysis is provided as general market commentary and does not constitute investment advice.