Update here to our Weekly Euro Chart I posted 2 weeks ago. We saw that bounce I was looking for from the 1.2060 low's where ACC/DIST showed us we were upon some Major support level. That week we closed with a bullish engulfing candle and we're in our 2nd week of follow through from that bounce. Here we're seeing some minor resistance on moves higher in the 1.2440 area which is a LVN (Low Volume Node) so expect that level to hold for perhaps this week. Longer term I'm still looking for a move higher into our final 1.2850 LVN Target. Retracements this week could test 1.2130-1.2250 support areas.
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