EURUSD found a retracement after the rise of the first leading diagonal pattern, but recovered again, finding support above the psychological resistance line of 1.0.
If it settles above the 1.0 line and resumes rising again, it can reach the weekly supply zone. However, if it stays below the 1.0 line, it will update the floor.
Even if a retracement comes from the weekly supply zone, it will continue to push upwards if it again finds support at 1.0. Conversely, if it falls below 1.0, 1.0 will act as a strong resistance line.
If it settles above the 1.0 line and resumes rising again, it can reach the weekly supply zone. However, if it stays below the 1.0 line, it will update the floor.
Even if a retracement comes from the weekly supply zone, it will continue to push upwards if it again finds support at 1.0. Conversely, if it falls below 1.0, 1.0 will act as a strong resistance line.
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