EURUSD could be looking to form a low come the $1.3030 area. We seem to have found a potential "Three Drives to a Low" pattern. We will watch to see if the EUR starts to bottom out at these levels. Also 1.3030 is roughly a 1.618 extension. I did not draw the ratios on this chart, but an educated technician will know where to use the fib tool to check for this extension.
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