Here's an analysis of EU. The overall trend is Bearish on the Daily Timeframe. Price just came out of a Correction now its starting to be impulsive. However, EU price is still trading above the diagonal bullish trend thus the 90%rule Pattern hasn't been activated. Chances of it bouncing on the trend line are likely. But based of the original trend, market flip, EU is Bearish. Key economic events might shift direction momentarily but not change.
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