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Basically what I see is EURUSD being at a strong multi-year key level. I believe we will see a bounce from here forming a higher low on the monthly down to the 50% fib retracement which would align with the bullish trend line . After the correction, I expect a bullish continuation to either 1.23 level as our first target aligned with the 0.27 fib expansion, down trend line and 200 EMA , or 1.28 level which aligns with the greater trend retracement and 0.62 fib expansion in a downtrend and with a major resistance level .